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

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the recipient of 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. Based on an average trading volume of 1,266,600 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the company’s stock are sold short.

XBP Europe Stock Performance

XBP opened at $1.75 on Friday. XBP Europe has a 52 week low of $1.09 and a 52 week high of $47.40. The business has a 50 day moving average of $1.88 and a 200-day moving average of $2.74.

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

Institutional Investors Weigh In On XBP Europe

A hedge fund recently bought a new stake in XBP Europe stock. Cantor Fitzgerald L. P. purchased a new position in XBP Europe Holdings, Inc. (NASDAQ:XBP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 6,601,904 shares of the company’s stock, valued at approximately $34,990,000. XBP Europe makes up about 7.3% of Cantor Fitzgerald L. P.’s investment portfolio, making the stock its 4th biggest holding. Cantor Fitzgerald L. P. owned about 80.22% of XBP Europe as of its most recent filing with the SEC. Institutional investors own 15.72% of the company’s stock.

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.