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

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 66,000 shares, a drop of 30.9% from the November 30th total of 95,500 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 725,000 shares, the short-interest ratio is currently 0.1 days.

XBP Europe Stock Down 3.5 %

XBP stock opened at $1.11 on Friday. XBP Europe has a fifty-two week low of $0.79 and a fifty-two week high of $5.72. The business has a 50-day moving average of $1.13 and a 200-day moving average of $1.22.

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.