515,371 Shares in Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) Bought by Anson Funds Management LP

Anson Funds Management LP purchased a new position in shares of Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 515,371 shares of the company’s stock, valued at approximately $886,000. Anson Funds Management LP owned approximately 9.51% of Heritage Distilling at the end of the most recent quarter.

Separately, Mattern Wealth Management LLC purchased a new stake in Heritage Distilling during the fourth quarter worth about $76,000.

Insider Activity at Heritage Distilling

In other news, Director Andrew M. Varga purchased 47,500 shares of the business’s stock in a transaction on Friday, February 14th. The stock was purchased at an average cost of $1.23 per share, with a total value of $58,425.00. Following the acquisition, the director now directly owns 52,500 shares in the company, valued at approximately $64,575. This trade represents a 950.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders have purchased 52,866 shares of company stock worth $64,938.

Heritage Distilling Trading Down 6.0 %

Heritage Distilling stock opened at $0.46 on Friday. The firm has a 50 day moving average price of $0.59. Heritage Distilling Holding Company, Inc. has a 12 month low of $0.40 and a 12 month high of $4.00.

Heritage Distilling Company Profile

Heritage Distilling Holding Company Inc is a craft distiller of premium brands, including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails. Heritage Distilling Holding Company Inc is based in GIG HARBOR, Wash.