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

IZEA Worldwide, Inc. (NASDAQ:IZEA) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 30,400 shares, an increase of 28.3% from the January 15th total of 23,700 shares. Based on an average daily volume of 34,600 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are sold short.

IZEA Worldwide Stock Performance

Shares of NASDAQ IZEA remained flat at $2.68 during mid-day trading on Friday. The company had a trading volume of 25,385 shares, compared to its average volume of 30,065. The business’s fifty day moving average is $2.54 and its 200 day moving average is $2.54. IZEA Worldwide has a 52-week low of $1.83 and a 52-week high of $3.60. The company has a market capitalization of $45.48 million, a price-to-earnings ratio of -2.85 and a beta of 1.61.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in IZEA Worldwide stock. Y Intercept Hong Kong Ltd acquired a new position in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,688 shares of the company’s stock, valued at approximately $40,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of IZEA Worldwide 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.