XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Update

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 7,800 shares, a decrease of 48.0% from the March 31st total of 15,000 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 24,300 shares, the days-to-cover ratio is currently 0.3 days.

XBP Europe Price Performance

Shares of NASDAQ XBP opened at $1.50 on Friday. XBP Europe has a 1-year low of $1.14 and a 1-year high of $47.40. The stock’s fifty day moving average is $2.05.

Institutional Investors Weigh In On XBP Europe

An institutional investor recently bought a new position in XBP Europe stock. Cantor Fitzgerald L. P. purchased a new stake in XBP Europe Holdings, Inc. (NASDAQ:XBP) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 6,601,904 shares of the company’s stock, valued at approximately $34,990,000. XBP Europe comprises 7.3% of Cantor Fitzgerald L. P.’s holdings, making the stock its 4th biggest holding. Cantor Fitzgerald L. P. owned about 80.22% of XBP Europe at the end of the most recent reporting period. 15.72% of the stock is currently owned by institutional investors.

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.