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

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 391,700 shares, a growth of 332.8% from the October 31st total of 90,500 shares. Currently, 4.7% of the shares of the company are sold short. Based on an average daily volume of 672,100 shares, the short-interest ratio is currently 0.6 days.

XBP Europe Stock Performance

Shares of XBP stock traded down $0.02 on Wednesday, reaching $1.07. The stock had a trading volume of 9,826 shares, compared to its average volume of 613,270. The company has a 50 day simple moving average of $1.12 and a 200 day simple moving average of $1.36. XBP Europe has a 1 year low of $0.84 and a 1 year high of $47.40.

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.