XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Up 23.8% in March

XBP Europe Holdings, Inc. (NASDAQ:XBP) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 25,000 shares, a growth of 23.8% from the February 28th total of 20,200 shares. Based on an average daily trading volume, of 134,400 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Hedge Funds 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 XBP Europe Holdings, Inc. (NASDAQ:XBP) in the 4th quarter, according to its most recent filing 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 approximately 0.6% of Mountain Hill Investment Partners Corp.’s holdings, making the stock its 23rd biggest position. Mountain Hill Investment Partners Corp. owned approximately 1.66% of XBP Europe at the end of the most recent quarter. 15.72% of the stock is currently owned by hedge funds and other institutional investors.

XBP Europe Price Performance

XBP opened at $1.34 on Thursday. The business has a fifty day simple moving average of $1.18 and a 200-day simple moving average of $1.13. XBP Europe has a fifty-two week low of $0.79 and a fifty-two week high of $4.33.

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.