XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Down 30.9% in December

XBP Europe Holdings, Inc. (NASDAQ:XBP) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 66,000 shares, a decrease of 30.9% from the November 30th total of 95,500 shares. Based on an average trading volume of 725,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.8% of the shares of the company are sold short.

XBP Europe Stock Performance

Shares of XBP opened at $1.11 on Friday. The stock’s 50-day moving average price is $1.13 and its 200 day moving average price is $1.22. XBP Europe has a 12-month low of $0.79 and a 12-month high of $5.72.

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.