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

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the target of a large 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. Based on an average trading volume of 672,100 shares, the short-interest ratio is currently 0.6 days. Currently, 4.7% of the shares of the company are sold short.

XBP Europe Stock Performance

NASDAQ XBP opened at $1.08 on Friday. The company has a fifty day moving average of $1.12 and a 200 day 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.