XBP Europe Holdings, Inc. (NASDAQ:XBP) Sees Significant Growth in Short Interest

XBP Europe Holdings, Inc. (NASDAQ:XBP) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 90,500 shares, a growth of 313.2% from the October 15th total of 21,900 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 115,500 shares, the short-interest ratio is presently 0.8 days.

XBP Europe Stock Performance

XBP opened at $1.28 on Thursday. XBP Europe has a fifty-two week low of $0.84 and a fifty-two week high of $47.40. The firm has a 50-day moving average of $1.10 and a 200 day moving average of $1.45.

XBP Europe (NASDAQ:XBP) last issued its quarterly earnings results on Monday, August 12th. The company reported ($0.16) earnings per share (EPS) for the quarter. XBP Europe had a negative return on equity of 19.30% and a net margin of 0.70%. The company had revenue of $36.11 million for the quarter.

XBP Europe Company Profile

XBP Europe Holdings, Inc provides bills, payments, and related solutions and services in France, Germany, the United Kingdom, Sweden, and internationally. The company operates through two segments, Bills & Payments and Technology. The Bills & Payments segment focuses on optimizing how bills and payments are processed by businesses of all sizes and industries.