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

IZEA Worldwide, Inc. (NASDAQ:IZEA) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 40,400 shares, a growth of 8.6% from the October 31st total of 37,200 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 32,300 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Y Intercept Hong Kong Ltd purchased a new stake in IZEA Worldwide in the 3rd quarter valued at approximately $40,000. Dimensional Fund Advisors LP lifted its position in shares of IZEA Worldwide by 48.5% in the second quarter. Dimensional Fund Advisors LP now owns 15,741 shares of the company’s stock valued at $37,000 after acquiring an additional 5,140 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of IZEA Worldwide by 8.5% during the second quarter. Renaissance Technologies LLC now owns 75,603 shares of the company’s stock valued at $178,000 after acquiring an additional 5,900 shares during the last quarter. 15.56% of the stock is owned by hedge funds and other institutional investors.

IZEA Worldwide Stock Performance

NASDAQ:IZEA opened at $2.82 on Tuesday. The firm has a 50-day moving average price of $2.73 and a two-hundred day moving average price of $2.47. IZEA Worldwide has a twelve month low of $1.83 and a twelve month high of $3.60.

About IZEA Worldwide

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.