XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Update

by · The Cerbat Gem

XBP Europe Holdings, Inc. (NASDAQ:XBP – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 90,500 shares, an increase of 313.2% from the October 15th total of 21,900 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 115,500 shares, the short-interest ratio is currently 0.8 days.

XBP Europe Stock Performance

XBP stock opened at $1.28 on Thursday. The firm has a 50 day moving average of $1.10 and a 200-day moving average of $1.45. XBP Europe has a 12 month low of $0.84 and a 12 month high of $47.40.

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

About XBP Europe

(Get Free Report)

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.

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