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

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

XBP Europe Stock Up 19.0 %

XBP stock opened at $1.50 on Friday. The stock’s fifty day simple moving average is $2.05. XBP Europe has a 52-week low of $1.14 and a 52-week high of $47.40.

Institutional Investors Weigh In On XBP Europe

A hedge fund recently bought a new stake in XBP Europe stock. Cantor Fitzgerald L. P. bought a new position in shares of XBP Europe Holdings, Inc. (NASDAQ:XBP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,601,904 shares of the company’s stock, valued at approximately $34,990,000. XBP Europe comprises about 7.3% of Cantor Fitzgerald L. P.’s portfolio, 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 quarter. Institutional investors own 15.72% of the company’s stock.

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.