Edible Garden AG Incorporated (NASDAQ:EDBLW) Sees Significant Decrease in Short Interest

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

Edible Garden Stock Down 4.6 %

EDBLW stock traded down $0.00 during midday trading on Thursday, hitting $0.05. 2,520 shares of the stock traded hands, compared to its average volume of 21,955. The stock’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.03. Edible Garden has a 1-year low of $0.01 and a 1-year high of $0.12.

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.