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

IZEA Worldwide, Inc. (NASDAQ:IZEA) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 48,800 shares, an increase of 30.1% from the July 31st total of 37,500 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 30,700 shares, the days-to-cover ratio is currently 1.6 days.

IZEA Worldwide Trading Down 0.9 %

Shares of IZEA stock traded down $0.02 on Friday, hitting $2.21. The stock had a trading volume of 9,590 shares, compared to its average volume of 21,916. IZEA Worldwide has a twelve month low of $1.83 and a twelve month high of $3.60. The company has a fifty day moving average price of $2.26 and a two-hundred day moving average price of $2.35. The firm has a market cap of $36.35 million, a P/E ratio of -4.51 and a beta of 1.62.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in IZEA Worldwide stock. Dimensional Fund Advisors LP lifted its stake in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) by 48.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,741 shares of the company’s stock after acquiring an additional 5,140 shares during the period. Dimensional Fund Advisors LP owned approximately 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.