XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Update

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 338,400 shares, an increase of 2,233.8% from the June 15th total of 14,500 shares. Currently, 4.1% of the company’s stock are short sold. Based on an average daily volume of 1,450,000 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. Cantor Fitzgerald L. P. bought a new position in shares of XBP Europe Holdings, Inc. (NASDAQ:XBP) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,601,904 shares of the company’s stock, valued at approximately $34,990,000. XBP Europe accounts for about 7.3% of Cantor Fitzgerald L. P.’s holdings, making the stock its 4th largest holding. Cantor Fitzgerald L. P. owned 80.22% of XBP Europe as of its most recent filing with the SEC. Institutional investors and hedge funds own 15.72% of the company’s stock.

XBP Europe Stock Up 9.5 %

XBP Europe stock opened at $1.62 on Friday. XBP Europe has a 1-year low of $1.09 and a 1-year high of $47.40. The company has a fifty day simple moving average of $1.89 and a 200 day simple moving average of $2.39.

XBP Europe (NASDAQ:XBP) last released its earnings results on Monday, May 13th. The company reported ($0.07) earnings per share for the quarter. The company had revenue of $40.35 million for the quarter.

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.