Edible Garden AG Incorporated (NASDAQ:EDBL) Short Interest Update

Edible Garden AG Incorporated (NASDAQ:EDBL) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 2,550,000 shares, an increase of 168.1% from the January 31st total of 951,300 shares. Approximately 13.5% of the shares of the stock are sold short. Based on an average trading volume of 17,110,000 shares, the short-interest ratio is presently 0.1 days.

Edible Garden Price Performance

EDBL stock traded down $0.01 during trading on Friday, hitting $0.16. The stock had a trading volume of 2,194,473 shares, compared to its average volume of 7,290,319. The stock has a market cap of $4.83 million, a price-to-earnings ratio of -0.01 and a beta of 1.42. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.81 and a current ratio of 1.11. The company’s 50 day moving average price is $0.26 and its two-hundred day moving average price is $0.40. Edible Garden has a 1-year low of $0.12 and a 1-year high of $12.47.

Edible Garden Company Profile

Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits.