Short Interest in Exela Technologies, Inc. (NASDAQ:XELAP) Expands By 40.0%

Exela Technologies, Inc. (NASDAQ:XELAP) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 3,500 shares, a growth of 40.0% from the September 30th total of 2,500 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 3.2 days.

Exela Technologies Stock Down 4.4 %

XELAP stock opened at $1.31 on Monday. The company has a 50-day simple moving average of $1.46 and a 200 day simple moving average of $1.68. Exela Technologies has a fifty-two week low of $1.10 and a fifty-two week high of $2.40.

Exela Technologies Company Profile

Exela Technologies, Inc provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. It operates in three segments: Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal & Loss Prevention Services (LLPS).