Trellus Management Piling On These Tech Stocks For Q4

Page 3 of 3

#1 Ebix Inc (NASDAQ:EBIX)

Shares Held (as of September 30): 25,000
Total Value (as of September 30): $624,000
Percent of Portfolio (as of September 30): 0.92%

Trellus Management more than doubled its position in Ebix Inc (NASDAQ:EBIX) in the third quarter. Shares of the insurance software provider are up by 62% year-to-date as the company has beaten analysts’ earnings estimates for four straight quarters. Despite the solid performance, most elite funds we track aren’t shareholders, as 14 of them owned $36.47 million of the company’s shares, representing 3.20% of the float on June 30. 33.99% of the company’s float is short as numerous investors predict that shares have rallied overly much this year.

Follow Ebix Inc (NASDAQ:EBIX)

Disclosure: None

Page 3 of 3