Westrock Coffee (NASDAQ:WESTW) Short Interest Update

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

Westrock Coffee Stock Performance

NASDAQ:WESTW opened at $1.39 on Friday. The company’s 50-day simple moving average is $1.85 and its 200-day simple moving average is $2.07. Westrock Coffee has a fifty-two week low of $0.90 and a fifty-two week high of $2.84.

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.