Short Interest in XBP Europe Holdings, Inc. (NASDAQ:XBP) Expands By 23.8%

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 25,000 shares, a growth of 23.8% from the February 28th total of 20,200 shares. Based on an average daily volume of 134,400 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of XBP Europe

A hedge fund recently bought a new stake in XBP Europe stock. Mountain Hill Investment Partners Corp. acquired a new position in shares of XBP Europe Holdings, Inc. (NASDAQ:XBP) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 500,175 shares of the company’s stock, valued at approximately $545,000. XBP Europe comprises 0.6% of Mountain Hill Investment Partners Corp.’s investment portfolio, making the stock its 23rd biggest position. Mountain Hill Investment Partners Corp. owned approximately 1.66% of XBP Europe as of its most recent SEC filing. Hedge funds and other institutional investors own 15.72% of the company’s stock.

XBP Europe Trading Up 2.9 %

NASDAQ XBP opened at $1.40 on Wednesday. The firm’s 50 day moving average price is $1.18 and its 200-day moving average price is $1.13. XBP Europe has a 52-week low of $0.79 and a 52-week high of $4.33.

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.