IZEA Worldwide, Inc. (NASDAQ:IZEA) Short Interest Update

IZEA Worldwide, Inc. (NASDAQ:IZEA) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 68,900 shares, an increase of 88.8% from the August 31st total of 36,500 shares. Based on an average daily trading volume, of 30,600 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.6% of the shares of the company are short sold.

IZEA Worldwide Stock Performance

Shares of IZEA Worldwide stock traded up $0.10 during mid-day trading on Friday, hitting $2.67. 56,455 shares of the stock were exchanged, compared to its average volume of 52,393. The company has a 50-day simple moving average of $2.32 and a 200 day simple moving average of $2.41. IZEA Worldwide has a 12 month low of $1.83 and a 12 month high of $3.60. The company has a market capitalization of $44.61 million, a P/E ratio of -5.45 and a beta of 1.57.

IZEA Worldwide (NASDAQ:IZEA) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.13) earnings per share for the quarter. The business had revenue of $9.09 million during the quarter. IZEA Worldwide had a negative net margin of 27.32% and a negative return on equity of 14.18%. Analysts predict that IZEA Worldwide will post -0.39 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in IZEA Worldwide stock. Dimensional Fund Advisors LP lifted its position in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) by 48.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,741 shares of the company’s stock after purchasing an additional 5,140 shares during the period. Dimensional Fund Advisors LP owned 0.09% of IZEA Worldwide worth $37,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 15.56% of the company’s stock.

IZEA Worldwide Company Profile

IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.