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

Eastside Distilling, Inc. (NASDAQ:EAST) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 109,300 shares, a drop of 33.6% from the November 15th total of 164,500 shares. Based on an average daily volume of 150,700 shares, the short-interest ratio is currently 0.7 days. Currently, 2.6% of the shares of the company are short sold.

Eastside Distilling Stock Performance

Shares of EAST opened at $0.71 on Friday. The company has a market capitalization of $3.54 million, a price-to-earnings ratio of -0.19 and a beta of 1.78. Eastside Distilling has a fifty-two week low of $0.41 and a fifty-two week high of $2.98. The firm has a 50-day simple moving average of $0.61 and a 200-day simple moving average of $0.78.

Eastside Distilling Company Profile

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.