XBP Europe Holdings, Inc. (NASDAQ:XBP – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 90,500 shares, an increase of 313.2% from the October 15th total of 21,900 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 115,500 shares, the short-interest ratio is currently 0.8 days.
XBP Europe Trading Up 46.3 %
XBP stock opened at $1.33 on Wednesday. The company’s 50 day simple moving average is $1.10 and its 200-day simple moving average is $1.45. XBP Europe has a 12 month low of $0.84 and a 12 month high of $47.40.
XBP Europe (NASDAQ:XBP – Get Free Report) last announced its earnings results on Monday, August 12th. The company reported ($0.16) EPS for the quarter. The business had revenue of $36.11 million during 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.
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