Short Interest in Edible Garden AG Incorporated (NASDAQ:EDBL) Expands By 12,143.9%

Edible Garden AG Incorporated (NASDAQ:EDBL) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 2,510,000 shares, a growth of 12,143.9% from the December 15th total of 20,500 shares. Approximately 13.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 17,410,000 shares, the short-interest ratio is presently 0.1 days.

Edible Garden Stock Performance

Shares of NASDAQ:EDBL opened at $0.23 on Wednesday. The business has a 50-day moving average of $0.21 and a two-hundred day moving average of $0.63. The firm has a market capitalization of $4.57 million, a PE ratio of -0.01 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.11 and a quick ratio of 0.81. Edible Garden has a 12 month low of $0.12 and a 12 month 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.