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

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. Based on an average daily volume of 115,500 shares, the short-interest ratio is currently 0.8 days. Approximately 1.1% of the company’s stock are short sold.

XBP Europe Stock Performance

XBP traded up $0.37 on Tuesday, reaching $1.28. 19,216,227 shares of the company traded hands, compared to its average volume of 574,899. The stock’s 50 day moving average price is $1.10 and its 200-day moving average price 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 posted its earnings results on Monday, August 12th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business 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.