XBP Global Holdings, Inc. (NASDAQ:XBP – Get Free Report) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 82,200 shares, a decline of 54.2% from the August 15th total of 179,400 shares. Based on an average daily volume of 2,930,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,930,000 shares, the days-to-cover ratio is currently 0.0 days.
Insider Transactions at XBP Global
In other news, Director Randal T. Klein bought 150,000 shares of the business’s stock in a transaction on Monday, August 18th. The shares were bought at an average cost of $0.54 per share, with a total value of $81,000.00. Following the purchase, the director directly owned 150,000 shares in the company, valued at $81,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 10.50% of the stock is currently owned by company insiders.
XBP Global Price Performance
Shares of NASDAQ:XBP opened at $1.00 on Friday. The company’s fifty day moving average is $0.77 and its two-hundred day moving average is $0.99. XBP Global has a 12-month low of $0.42 and a 12-month high of $2.56.
About XBP Global
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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