Short Interest in XBP Europe Holdings, Inc. (NASDAQ:XBP) Expands By 313.2%

XBP Europe Holdings, Inc. (NASDAQ:XBP) saw a large growth in short interest during 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 company’s shares are sold short. Based on an average trading volume of 115,500 shares, the short-interest ratio is currently 0.8 days.

XBP Europe Stock Performance

XBP stock opened at $1.33 on Wednesday. The stock’s fifty day simple moving average is $1.10 and its 200-day simple moving average is $1.45. XBP Europe has a 52-week low of $0.84 and a 52-week high of $47.40.

XBP Europe (NASDAQ:XBP) last released its earnings results on Monday, August 12th. The company reported ($0.16) earnings per share (EPS) for the quarter. The company had revenue of $36.11 million for the quarter.

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.