What’s Propelling Exela Technologies Inc (NASDAQ:XELA) After Lower Shorts Reported?

June 15, 2018 - By Marguerite Chambers

The stock of Exela Technologies Inc (NASDAQ:XELA) registered a decrease of 62.43% in short interest. XELA’s total short interest was 110,600 shares in June as published by FINRA. Its down 62.43% from 294,400 shares, reported previously. With 216,200 shares average volume, it will take short sellers 1 days to cover their XELA’s short positions. The short interest to Exela Technologies Inc’s float is 0.4%.

It closed at $5.16 lastly. It is down 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

Exela Technologies, Inc. provides transaction processing solutions and enterprise information management services worldwide. The company has market cap of $786.28 million. The firm combines proprietary IP and knowledge platforms to provide integrated, technology-enabled services through an end-to-end delivery model. It currently has negative earnings. It offers financial services and payment solutions, healthcare well-known provider solutions, insurance solutions, legal and litigation services, loss prevention services, unified communication services, business and big data management services, revenue enhancement services, and managed services.

Another recent and important Exela Technologies, Inc. (NASDAQ:XELA) news was published by Nasdaq.com which published an article titled: “Exela Technologies Announces Inclusion in Russell 2000® Index and Russell 3000® Index” on June 13, 2018.

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