USA Technologies Inc (USAT)

[FUNMAN]

THE ORINDA ASSET MANAGEMENT LLC INVESTS $1,278,000 IN USA TECHNOLOGIES INC. (USAT)

November 29, 2016 Tamara Stephens

Orinda Asset Management LLC purchased a new stake in shares of USA Technologies Inc. (NASDAQ:USAT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 293,086 shares of the company’s stock, valued at approximately $1,278,000. USA Technologies comprises 1.4% of Orinda Asset Management LLC’s holdings, making the stock its 25th largest position.