In a filing, Edible Garden AG Inc revealed its 10% Owner UBS Group AG acquired Company’s shares for reported $6105.0 on Apr 25 ’24. In the deal valued at $6.07 per share,1,005 shares were bought. As a result of this transaction, UBS Group AG now holds 35,077 shares worth roughly $7366.17.
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Then, UBS Group AG sold 30,056 shares, generating $163,307 in total proceeds. Upon selling the shares at $5.43, the 10% Owner now owns 5,025 shares.
Before that, UBS Group AG sold 106 shares. Edible Garden AG Inc shares valued at $668 were divested by the 10% Owner at a price of $6.30 per share. As a result of the transaction, UBS Group AG now holds 34,076 shares, worth roughly $7155.96.
Price Performance Review of EDBL
On Friday, Edible Garden AG Inc [NASDAQ:EDBL] saw its stock jump 5.98% to $0.21. Over the last five days, the stock has lost -26.03%. Edible Garden AG Inc shares have fallen nearly -97.87% since the year began. Nevertheless, the stocks have fallen -98.32% over the past one year. While a 52-week high of $13.53 was reached on 04/17/24, a 52-week low of $0.20 was recorded on 10/03/24. SMA at 50 days reached $0.9671, while 200 days put it at $4.6257.
Levels Of Support And Resistance For EDBL Stock
The 24-hour chart illustrates a support level at 0.2000, which if violated will result in even more drops to 0.1855. On the upside, there is a resistance level at 0.2300. A further resistance level may holdings at 0.2455. The Relative Strength Index (RSI) on the 14-day chart is 14.73, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.3339, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.19%. Stochastics %K at 1.05% indicates the stock is a buying.
How much short interest is there in Edible Garden AG Inc?
A steep rise in short interest was recorded in Edible Garden AG Inc stocks on 2024-09-13, dropping by -0.79 million shares to a total of 82535.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 0.88 million shares. There was a decline of -961.93%, which implies that there is a negative sentiment for the stock.
