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

XBP Europe Holdings, Inc. (NASDAQ:XBP) saw a large decrease in short interest in June. As of June 15th, there was short interest totalling 14,500 shares, a decrease of 24.1% from the May 31st total of 19,100 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 1,266,600 shares, the days-to-cover ratio is currently 0.0 days.

XBP Europe Trading Down 9.3 %

Shares of NASDAQ XBP opened at $1.75 on Monday. XBP Europe has a 12-month low of $1.09 and a 12-month high of $47.40. The business’s fifty day simple moving average is $1.88 and its 200-day simple moving average is $2.69.

XBP Europe (NASDAQ:XBP) last announced its quarterly earnings data on Monday, May 13th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $40.35 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in XBP Europe stock. Cantor Fitzgerald L. P. acquired a new stake in XBP Europe Holdings, Inc. (NASDAQ:XBP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,601,904 shares of the company’s stock, valued at approximately $34,990,000. XBP Europe comprises 7.3% of Cantor Fitzgerald L. P.’s portfolio, making the stock its 4th biggest position. Cantor Fitzgerald L. P. owned about 80.22% of XBP Europe at the end of the most recent reporting period. 15.72% of the stock is owned by institutional investors.

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.