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

XBP Europe Holdings, Inc. (NASDAQ:XBP) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 66,000 shares, a drop of 30.9% from the November 30th total of 95,500 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 725,000 shares, the short-interest ratio is presently 0.1 days.

XBP Europe Price Performance

Shares of XBP stock opened at $1.11 on Monday. XBP Europe has a 12 month low of $0.79 and a 12 month high of $5.72. The company’s fifty day simple moving average is $1.13 and its 200-day simple moving average is $1.22.

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.