XBP Europe Holdings, Inc. (NASDAQ:XBP) Short Interest Down 35.8% in April

XBP Europe Holdings, Inc. (NASDAQ:XBP) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 16,300 shares, a decline of 35.8% from the March 31st total of 25,400 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 74,100 shares, the days-to-cover ratio is presently 0.2 days.

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 stake in XBP Europe Holdings, Inc. (NASDAQ:XBP) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 500,175 shares of the company’s stock, valued at approximately $545,000. XBP Europe makes up approximately 0.6% of Mountain Hill Investment Partners Corp.’s holdings, making the stock its 23rd largest holding. Mountain Hill Investment Partners Corp. owned approximately 1.66% of XBP Europe at the end of the most recent reporting period. 15.72% of the stock is currently owned by institutional investors and hedge funds.

XBP Europe Trading Down 3.7 %

NASDAQ:XBP opened at $1.19 on Tuesday. XBP Europe has a 1 year low of $0.79 and a 1 year high of $4.33. The stock has a fifty day moving average price of $1.18 and a two-hundred day moving average price of $1.14.

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.