Short Interest in XBP Europe Holdings, Inc. (NASDAQ:XBP) Expands By 210.3%

XBP Europe Holdings, Inc. (NASDAQ:XBP - Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 24,200 shares, a growth of 210.3% from the April 15th total of 7,800 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is presently 0.0 days.

XBP Europe Price Performance

NASDAQ:XBP traded up $0.38 during trading hours on Friday, reaching $3.84. The stock had a trading volume of 478,020 shares, compared to its average volume of 904,003. XBP Europe has a 52 week low of $1.14 and a 52 week high of $47.40. The company's 50 day moving average price is $2.11.

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 stake in shares of XBP Europe Holdings, Inc. (NASDAQ:XBP - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,601,904 shares of the company's stock, valued at approximately $34,990,000. XBP Europe makes up approximately 7.3% of Cantor Fitzgerald L. P.'s holdings, making the stock its 4th biggest holding. Cantor Fitzgerald L. P. owned 80.22% of XBP Europe at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.72% of the company's stock.

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.