WestRock (WRK) most likely has dozens of its “products” sitting in your home at this very moment. As a manufacturer of packaging solutions, many of the world’s top companies count on WestRock, whether that be in the shipping channel or directly out in the retail environment. Despite that ubiquitous nature, the company has seen its share price shellacked nearly 40% over the past year due to global growth concerns, trade wars, and other macroeconomic factors that have impacted demand for paperboard and containerboard.
While sentiment is poor, short interest remains remarkably low. As