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

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 49,400 shares, a decrease of 25.2% from the December 15th total of 66,000 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 732,000 shares, the short-interest ratio is currently 0.1 days.

XBP Europe Stock Up 1.0 %

Shares of NASDAQ:XBP opened at $1.04 on Wednesday. The business’s 50-day moving average is $1.12 and its 200 day moving average is $1.20. XBP Europe has a 1 year low of $0.79 and a 1 year high of $4.69.

About XBP Europe

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.