Eastside Distilling, Inc. (NASDAQ:EAST) Short Interest Update

Eastside Distilling, Inc. (NASDAQ:EAST) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 109,300 shares, a drop of 33.6% from the November 15th total of 164,500 shares. Based on an average daily volume of 150,700 shares, the short-interest ratio is currently 0.7 days. Approximately 2.6% of the shares of the stock are sold short.

Eastside Distilling Price Performance

NASDAQ EAST opened at $0.71 on Friday. The business has a 50 day moving average price of $0.61 and a 200 day moving average price of $0.78. The company has a market capitalization of $3.54 million, a P/E ratio of -0.19 and a beta of 1.78. Eastside Distilling has a 1-year low of $0.41 and a 1-year high of $2.98.

About Eastside Distilling

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.