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

Edible Garden AG Incorporated (NASDAQ:EDBL) was the target of a large growth in short interest in the month of 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. Approximately 12.4% of the shares of the company are short sold. Based on an average trading volume of 4,260,000 shares, the short-interest ratio is presently 0.1 days.

Edible Garden Stock Performance

Shares of Edible Garden stock opened at $0.15 on Friday. Edible Garden has a 52-week low of $0.12 and a 52-week high of $13.00. The stock’s 50-day simple moving average is $0.38 and its 200 day simple moving average is $1.38. The stock has a market capitalization of $81,142.20, a P/E ratio of -0.01 and a beta of 1.90. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.63 and a current ratio of 0.73.

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