Short Interest in Edible Garden AG Incorporated (NASDAQ:EDBLW) Drops By 78.9%

Edible Garden AG Incorporated (NASDAQ:EDBLW) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 800 shares, a decrease of 78.9% from the February 28th total of 3,800 shares. Based on an average trading volume of 32,400 shares, the days-to-cover ratio is currently 0.0 days.

Edible Garden Stock Performance

Shares of Edible Garden stock traded down $0.01 during midday trading on Friday, hitting $0.05. The company’s stock had a trading volume of 5,829 shares, compared to its average volume of 21,874. Edible Garden has a 1-year low of $0.01 and a 1-year high of $0.12. The stock has a 50-day simple moving average of $0.05 and a 200-day simple moving average of $0.03.

About Edible Garden

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.