Short Interest in Arcadia Biosciences, Inc. (NASDAQ:RKDA) Decreases By 17.3%

Posted by Trent Williams on Mar 20th, 2025

Arcadia Biosciences, Inc. (NASDAQ:RKDA – Get Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 12,400 shares, a drop of 17.3% from the February 13th total of 15,000 shares. Based on an average trading volume of 1,150,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Arcadia Biosciences stock. Geode Capital Management LLC bought a new position in shares of Arcadia Biosciences, Inc. (NASDAQ:RKDA – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,297 shares of the basic materials company’s stock, valued at approximately $73,000. Geode Capital Management LLC owned approximately 0.90% of Arcadia Biosciences as of its most recent SEC filing. 17.73% of the stock is currently owned by hedge funds and other institutional investors.

Arcadia Biosciences Trading Up 3.9 %

Shares of NASDAQ:RKDA opened at $3.43 on Thursday. The company has a 50 day moving average of $4.40 and a 200 day moving average of $4.10. The stock has a market cap of $4.68 million, a P/E ratio of -0.80 and a beta of 0.86. Arcadia Biosciences has a 12 month low of $1.85 and a 12 month high of $10.31.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Arcadia Biosciences in a research note on Saturday, March 15th. They set a “sell” rating on the stock.

Check Out Our Latest Stock Analysis on Arcadia Biosciences

About Arcadia Biosciences

(Get Free Report)

Arcadia Biosciences, Inc produces and markets plant-based food and beverage products in the United States. The company develops crop improvements primarily in wheat to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients. Its food, beverage, and body case products include GoodWheat, Zola coconut water, ProVault topical pain relief, and SoulSpring.