Ranpak Holdings

PACK

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Raleigh, North Carolina; Kansas City, Missouri; the Netherlands; Czech Republic; and Singapore. This material is sometimes known as dunnage.

Ranpak Holdings has been a target of short sellers for a while. The current short interest of 3.33% is roughly at the average of the last 12 months (4.12%).