Monashee Investment Management LLC Takes $143,000 Position in Exela Technologies, Inc. (XELA)

Monashee Investment Management LLC acquired a new stake in Exela Technologies, Inc. (NASDAQ:XELA) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 27,778 shares of the company’s stock, valued at approximately $143,000.

Separately, Wells Fargo & Company MN acquired a new position in shares of Exela Technologies in the fourth quarter valued at about $138,000. Institutional investors and hedge funds own 31.93% of the company’s stock.

Exela Technologies, Inc. (XELA) opened at $5.36 on Friday. The company has a debt-to-equity ratio of 31.25, a quick ratio of 0.91 and a current ratio of 0.95. Exela Technologies, Inc. has a 1-year low of $4.37 and a 1-year high of $10.11.

Separately, Cantor Fitzgerald reissued a “buy” rating and issued a $9.00 price objective on shares of Exela Technologies in a report on Sunday, December 17th.

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Exela Technologies Profile

Exela Technologies, Inc (Exela), formerly Quinpario Acquisition Corp. 2, is engaged in providing information and transaction processing solutions. The Company’s segments include Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS) and Legal & Loss Prevention Services (LLPS).

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Institutional Ownership by Quarter for Exela Technologies (NASDAQ:XELA)

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