Westrock Coffee (NASDAQ:WESTW) Trading Down 2.7%

Westrock Coffee Company, LLC (NASDAQ:WESTWGet Free Report)’s stock price dropped 2.7% during mid-day trading on Tuesday . The stock traded as low as $2.30 and last traded at $2.30. Approximately 1,200 shares traded hands during trading, a decline of 83% from the average daily volume of 6,930 shares. The stock had previously closed at $2.36.

Westrock Coffee Stock Performance

The stock’s fifty day moving average price is $2.21 and its two-hundred day moving average price is $2.15.

Institutional Trading of Westrock Coffee

A number of institutional investors have recently modified their holdings of the company. Two Sigma Investments LP purchased a new stake in Westrock Coffee in the first quarter worth about $91,000. Boothbay Fund Management LLC purchased a new position in shares of Westrock Coffee during the second quarter valued at approximately $548,000. Balyasny Asset Management LLC purchased a new position in shares of Westrock Coffee during the third quarter valued at approximately $141,000. Aristeia Capital LLC lifted its holdings in shares of Westrock Coffee by 7.6% during the second quarter. Aristeia Capital LLC now owns 335,038 shares of the company’s stock valued at $1,003,000 after purchasing an additional 23,752 shares during the last quarter. Finally, Walleye Capital LLC increased its position in shares of Westrock Coffee by 64.3% during the second quarter. Walleye Capital LLC now owns 483,837 shares of the company’s stock valued at $1,452,000 after acquiring an additional 189,361 shares in the last quarter.

Westrock Coffee Company Profile

(Get Free Report)

Westrock Coffee Company, LLC roasts, produces, and distributes coffee. It offers coffee and tea; coffee accessories, such as creamer and sugar; and brewing equipment and dispensers. It also offers coffee containers, various blends, ceramic and travel mugs, burlap totes, T-shirts, elephant hoodies, and retro box hoodies.

Further Reading

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