Wilen Investment Management Corp. Lowers stake in Innodata Inc (INOD)

Innodata Inc (INOD) : Wilen Investment Management Corp. reduced its stake in Innodata Inc by 9.93% during the most recent quarter end. The investment management company now holds a total of 99,825 shares of Innodata Inc which is valued at $247,566 after selling 11,000 shares in Innodata Inc , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Innodata Inc makes up approximately 0.15% of Wilen Investment Management Corp.’s portfolio.

Other Hedge Funds, Including , Tocqueville Asset Management reduced its stake in INOD by selling 17,000 shares or 38.64% in the most recent quarter. The Hedge Fund company now holds 27,000 shares of INOD which is valued at $68,310.

Innodata Inc closed down -0.05 points or -2.01% at $2.44 with 5,756 shares getting traded on Monday. Post opening the session at $2.464, the shares hit an intraday low of $2.36 and an intraday high of $2.4666 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Innodata Inc. is a digital services and solutions company. The Company operates in three segments: Content Services (CS) Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The Company’s Content Services segment provides solutions such as development of digital content (including e-books) development of new digital information products and operational support of existing digital information products and systems. IADS operates through two subsidiaries: Synodex LLC and docGenix LLC. Synodex LLC is engaged in the extraction and classification of data from unstructured medical records. DocGenix LLC is engaged in the extraction and classification of data from unstructured legal records. The Company’s MIS segment operates through its MediaMiser and Bulldog Reporter subsidiaries. MediaMiser provides media monitoring and analysis software and professional services. Bulldog Reporter supplies media intelligence news and analysis.

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