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

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

IZEA Worldwide Stock Up 3.9 %

Shares of IZEA traded up $0.10 during trading hours on Friday, hitting $2.67. The company had a trading volume of 56,455 shares, compared to its average volume of 52,393. IZEA Worldwide has a 12 month low of $1.83 and a 12 month high of $3.60. The firm has a market cap of $44.61 million, a price-to-earnings ratio of -5.45 and a beta of 1.57. The business has a fifty day moving average of $2.32 and a 200-day moving average of $2.41.

IZEA Worldwide (NASDAQ:IZEA) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.13) EPS for the quarter. IZEA Worldwide had a negative return on equity of 14.18% and a negative net margin of 27.32%. The business had revenue of $9.09 million for the quarter. On average, equities analysts expect that IZEA Worldwide will post -0.39 EPS for the current fiscal year.

Hedge Funds Weigh In On IZEA Worldwide

A hedge fund recently raised its stake in IZEA Worldwide stock. Dimensional Fund Advisors LP increased its holdings in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) by 48.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,741 shares of the company’s stock after buying an additional 5,140 shares during the period. Dimensional Fund Advisors LP owned about 0.09% of IZEA Worldwide worth $37,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.