Exela Technologies, Inc. (NASDAQ:XELAP – Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,600 shares, an increase of 188.9% from the March 15th total of 900 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 0.7 days.
Institutional Trading of Exela Technologies
Institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its position in Exela Technologies by 47.5% during the second quarter. BlackRock Inc. now owns 389,284 shares of the company’s stock worth $1,596,000 after acquiring an additional 125,381 shares during the last quarter. Shay Capital LLC boosted its position in Exela Technologies by 26.4% during the fourth quarter. Shay Capital LLC now owns 75,328 shares of the company’s stock worth $220,000 after acquiring an additional 15,715 shares during the last quarter. Gates Capital Management Inc. boosted its position in Exela Technologies by 39.5% during the third quarter. Gates Capital Management Inc. now owns 46,534 shares of the company’s stock worth $135,000 after acquiring an additional 13,169 shares during the last quarter. Finally, UBS Group AG boosted its position in Exela Technologies by 1,829.9% during the third quarter. UBS Group AG now owns 9,437 shares of the company’s stock worth $46,000 after acquiring an additional 8,948 shares during the last quarter.
Exela Technologies Trading Down 4.8 %
Shares of NASDAQ XELAP opened at $1.98 on Thursday. The company’s 50-day simple moving average is $1.58 and its 200-day simple moving average is $1.86. Exela Technologies has a 52-week low of $1.10 and a 52-week high of $5.90.
About Exela Technologies
Exela Technologies, Inc provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. The company operates through three segments: Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal & Loss Prevention Services (LLPS).
Featured Stories
- Five stocks we like better than Exela Technologies
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Heat Alert: Micron Just Got Named A Must-Own Stock for Q2
- 3 Best Fintech Stocks for a Portfolio Boost
- WD-40 Company Greases the Wheels of Growth and Profits
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- How to Protect your Portfolio Against a Rising VIX
Receive News & Ratings for Exela Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exela Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
