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

Edible Garden AG Incorporated (NASDAQ:EDBL) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 303,500 shares, a growth of 58.2% from the October 15th total of 191,900 shares. Based on an average daily trading volume, of 4,260,000 shares, the short-interest ratio is presently 0.1 days. Currently, 12.4% of the company’s shares are sold short.

Edible Garden Price Performance

Shares of EDBL opened at $0.15 on Friday. Edible Garden has a 12-month low of $0.12 and a 12-month high of $13.00. The business’s fifty day moving average is $0.38 and its 200 day moving average is $1.38. The company has a quick ratio of 0.63, a current ratio of 0.73 and a debt-to-equity ratio of 1.47. The stock has a market cap of $81,142.20, a P/E ratio of -0.01 and a beta of 1.90.

Edible Garden (NASDAQ:EDBL) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($1.00) earnings per share for the quarter. Edible Garden had a negative net margin of 78.61% and a negative return on equity of 52,263.51%. The company had revenue of $4.27 million for the quarter.

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.