Westrock Coffee (NASDAQ:WESTW) Sees Large Growth in Short Interest

Westrock Coffee (NASDAQ:WESTW) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 43,000 shares, a growth of 95.5% from the September 15th total of 22,000 shares. Based on an average daily volume of 21,500 shares, the days-to-cover ratio is currently 2.0 days.

Westrock Coffee Trading Down 7.3 %

WESTW traded down $0.11 on Friday, reaching $1.39. 404 shares of the company traded hands, compared to its average volume of 15,107. Westrock Coffee has a one year low of $0.90 and a one year high of $2.84. The firm has a fifty day simple moving average of $1.87 and a two-hundred day simple moving average of $2.08.

Westrock Coffee Company Profile

Westrock Coffee Company, LLC operates as an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the United States and internationally. It operates through two segments, Beverage Solutions, and Sustainable Sourcing & Traceability (SS&T). The Beverage Solutions segment provides various packaging, including branded and private label coffee in bags, fractional packs, and single serve cups, as well as extract solutions for applications in cold brew and ready-to-drink offerings.