Short Interest in XBP Europe Holdings, Inc. (NASDAQ:XBP) Drops By 27.4%

XBP Europe Holdings, Inc. (NASDAQ:XBP) saw a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 31,000 shares, a drop of 27.4% from the January 15th total of 42,700 shares. Based on an average daily volume of 643,400 shares, the short-interest ratio is presently 0.0 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of XBP Europe

An institutional investor recently bought a new position in XBP Europe stock. Mountain Hill Investment Partners Corp. acquired a new stake in XBP Europe Holdings, Inc. (NASDAQ:XBP) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 500,175 shares of the company’s stock, valued at approximately $545,000. XBP Europe comprises approximately 0.6% of Mountain Hill Investment Partners Corp.’s investment portfolio, making the stock its 23rd largest holding. Mountain Hill Investment Partners Corp. owned about 1.66% of XBP Europe at the end of the most recent quarter. 15.72% of the stock is currently owned by institutional investors and hedge funds.

XBP Europe Trading Down 6.8 %

NASDAQ XBP opened at $1.24 on Friday. XBP Europe has a 12-month low of $0.79 and a 12-month high of $4.33. The firm’s 50 day moving average is $1.09 and its 200-day moving average is $1.14.

XBP Europe (NASDAQ:XBP) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $35.40 million for the quarter.

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.