Eastside Distilling, Inc. (NASDAQ:EAST) Short Interest Update

Eastside Distilling, Inc. (NASDAQ:EAST) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 127,500 shares, a growth of 16.7% from the November 30th total of 109,300 shares. Based on an average trading volume of 105,700 shares, the days-to-cover ratio is currently 1.2 days. Currently, 3.9% of the shares of the company are short sold.

Eastside Distilling Stock Performance

NASDAQ EAST opened at $0.96 on Wednesday. The firm’s fifty day moving average is $0.66 and its two-hundred day moving average is $0.76. Eastside Distilling has a one year low of $0.41 and a one year high of $2.98. The firm has a market cap of $4.52 million, a PE ratio of -0.26 and a beta of 1.78.

Eastside Distilling Company Profile

Eastside Distilling, Inc engages in the manufacture and marketing of hand-crafted spirits. Its products include bourbon, American whiskey, vodka, and rum. The company was founded by Lenny Gotter on February 11, 2008 and is headquartered in Portland, OR.