Edible Garden AG Incorporated (NASDAQ:EDBL) Short Interest Up 102.4% in March

Edible Garden AG Incorporated (NASDAQ:EDBL) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 93,900 shares, a growth of 102.4% from the February 28th total of 46,400 shares. Approximately 7.8% of the shares of the stock are sold short. Based on an average daily volume of 698,700 shares, the short-interest ratio is currently 0.1 days.

Edible Garden Price Performance

EDBL traded down $0.15 during trading on Friday, reaching $3.47. 45,162 shares of the stock were exchanged, compared to its average volume of 247,989. 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 company has a market capitalization of $4.22 million, a price-to-earnings ratio of -0.13 and a beta of 1.45. Edible Garden has a 1 year low of $1.81 and a 1 year high of $311.75. The business’s 50 day moving average price is $4.45 and its two-hundred day moving average price is $6.53.

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.