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

Edible Garden AG Incorporated (NASDAQ:EDBL) was the target of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 120,700 shares, a decline of 82.2% from the November 15th total of 679,600 shares. Based on an average daily trading volume, of 4,500,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.7% of the company’s stock are short sold.

Edible Garden Stock Down 0.2 %

Shares of NASDAQ:EDBL traded down $0.00 during midday trading on Wednesday, reaching $0.17. The company had a trading volume of 555,048 shares, compared to its average volume of 1,676,758. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.11 and a quick ratio of 0.81. The stock’s fifty day moving average price is $0.18 and its 200-day moving average price is $0.86. The stock has a market capitalization of $3.21 million, a P/E ratio of -0.01 and a beta of 2.07. Edible Garden has a one year low of $0.12 and a one year high of $13.00.

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.