XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Down 53.7% in February

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 20,200 shares, a decrease of 53.7% from the February 13th total of 43,600 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 133,500 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of XBP Europe

A hedge fund recently bought a new stake in XBP Europe stock. Mountain Hill Investment Partners Corp. bought a new stake in XBP Europe Holdings, Inc. (NASDAQ:XBP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 500,175 shares of the company’s stock, valued at approximately $545,000. XBP Europe accounts for about 0.6% of Mountain Hill Investment Partners Corp.’s portfolio, making the stock its 23rd biggest position. Mountain Hill Investment Partners Corp. owned about 1.66% of XBP Europe at the end of the most recent reporting period. 15.72% of the stock is owned by hedge funds and other institutional investors.

XBP Europe Stock Down 12.9 %

NASDAQ:XBP opened at $0.95 on Friday. The business has a 50 day simple moving average of $1.13 and a 200-day simple moving average of $1.13. XBP Europe has a 1 year low of $0.79 and a 1 year high of $4.33.

About XBP Europe

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.