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Johnny Guerry's stake in Western New England Bancorp falls below 5%

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Johnny Guerry's stake in Western New England Bancorp falls below 5%

Investor Johnny Guerry, along with affiliated investment vehicles, disclosed a 2.0% stake in Western New England Bancorp.

The stake represents aggregate beneficial ownership of 633,794 shares out of the Westfield, Mass.-based company's 31,070,107 outstanding common shares as of Aug. 7.

The group reported a 5.6% stake in the company on Feb. 27.

On Oct. 2, it sold 1,070,894 shares at $10.90 apiece in the open market.