XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Up 79.4% in May

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 112,100 shares, a growth of 79.4% from the May 15th total of 62,500 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 37,100 shares, the short-interest ratio is presently 3.0 days.

XBP Europe Price Performance

Shares of XBP opened at $0.99 on Monday. XBP Europe has a 12-month low of $0.79 and a 12-month high of $2.27. The firm has a 50-day moving average price of $1.09 and a 200 day moving average price of $1.13.

XBP Europe (NASDAQ:XBP) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $37.67 million for the quarter.

Institutional Investors Weigh In On XBP Europe

An institutional investor recently bought a new position in XBP Europe stock. Mountain Hill Investment Partners Corp. 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 Securities and Exchange Commission (SEC). The firm 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 holdings, making the stock its 23rd biggest holding. Mountain Hill Investment Partners Corp. owned 1.66% of XBP Europe as of its most recent SEC filing. 15.72% of the stock is currently owned by institutional investors and hedge funds.

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.