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

by · The Cerbat Gem

Edible Garden AG Incorporated (NASDAQ:EDBL – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 244,200 shares, a growth of 196.0% from the September 15th total of 82,500 shares. Approximately 10.7% of the company’s stock are short sold. Based on an average daily trading volume, of 747,900 shares, the short-interest ratio is currently 0.3 days.

Edible Garden Stock Up 4.5 %

Shares of NASDAQ:EDBL traded up $0.01 during trading on Friday, hitting $0.21. The company’s stock had a trading volume of 850,054 shares, compared to its average volume of 655,976. Edible Garden has a fifty-two week low of $0.19 and a fifty-two week high of $13.40. The stock’s 50-day moving average price is $0.85 and its two-hundred day moving average price is $2.40. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.63 and a current ratio of 0.73. The company has a market capitalization of $117,925.20, a PE ratio of 0.00 and a beta of 1.83.

Edible Garden (NASDAQ:EDBL – Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported ($1.00) EPS for the quarter. The business had revenue of $4.27 million for the quarter. Edible Garden had a negative net margin of 77.36% and a negative return on equity of 52,263.51%.

About Edible Garden

(Get Free Report)

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.

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