Short Interest in Eastside Distilling, Inc. (NASDAQ:EAST) Rises By 32.2%

Eastside Distilling, Inc. (NASDAQ:EAST) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 168,500 shares, a growth of 32.2% from the December 31st total of 127,500 shares. Based on an average daily volume of 124,200 shares, the short-interest ratio is currently 1.4 days. Approximately 5.1% of the company’s shares are short sold.

Eastside Distilling Price Performance

The firm’s fifty day moving average price is $0.76 and its two-hundred day moving average price is $0.74. Eastside Distilling has a 12-month low of $0.41 and a 12-month high of $2.98.

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.