XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Up 313.2% in October

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 90,500 shares, a growth of 313.2% from the October 15th total of 21,900 shares. Based on an average daily trading volume, of 115,500 shares, the short-interest ratio is presently 0.8 days. Approximately 1.1% of the shares of the company are short sold.

XBP Europe Stock Performance

XBP Europe stock traded up $0.37 during mid-day trading on Tuesday, hitting $1.28. 19,216,227 shares of the company were exchanged, compared to its average volume of 574,899. The business has a fifty day moving average of $1.10 and a 200 day moving average of $1.45. XBP Europe has a 1-year low of $0.84 and a 1-year high of $47.40.

XBP Europe (NASDAQ:XBP) last announced its earnings results on Monday, August 12th. The company reported ($0.16) EPS for the quarter. The firm 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.