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

IZEA Worldwide, Inc. (NASDAQ:IZEA) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 104,700 shares, a growth of 34.7% from the July 31st total of 77,700 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 54,900 shares, the days-to-cover ratio is presently 1.9 days.

IZEA Worldwide Stock Down 1.3 %

NASDAQ IZEA opened at $2.34 on Monday. The company has a fifty day moving average of $2.42 and a two-hundred day moving average of $2.61. The firm has a market capitalization of $36.00 million, a price-to-earnings ratio of -7.55 and a beta of 2.15. IZEA Worldwide has a 52 week low of $1.93 and a 52 week high of $3.72.

IZEA Worldwide (NASDAQ:IZEA) last released its earnings results on Monday, August 14th. The company reported ($0.07) earnings per share for the quarter. IZEA Worldwide had a negative return on equity of 8.23% and a negative net margin of 14.50%. The business had revenue of $10.69 million for the quarter. Equities research analysts anticipate that IZEA Worldwide will post -0.1 EPS for the current year.

Institutional Trading of IZEA Worldwide

Several institutional investors and hedge funds have recently made changes to their positions in the business. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of IZEA Worldwide in the third quarter valued at about $55,000. Renaissance Technologies LLC boosted its position in IZEA Worldwide by 14.0% in the 4th quarter. Renaissance Technologies LLC now owns 123,200 shares of the company’s stock worth $67,000 after purchasing an additional 15,100 shares in the last quarter. Citigroup Inc. acquired a new position in shares of IZEA Worldwide during the 1st quarter worth approximately $108,000. Jacob Asset Management of New York LLC raised its stake in shares of IZEA Worldwide by 24.3% during the 1st quarter. Jacob Asset Management of New York LLC now owns 358,600 shares of the company’s stock worth $233,000 after buying an additional 70,000 shares during the period. Finally, George Kaiser Family Foundation raised its stake in IZEA Worldwide by 31.7% in the 1st quarter. George Kaiser Family Foundation now owns 486,116 shares of the company’s stock valued at $316,000 after purchasing an additional 117,069 shares during the last quarter. 8.97% of the stock is currently owned by institutional investors.

About IZEA Worldwide

IZEA Worldwide, Inc, together with its subsidiaries, creates and operates online marketplaces that connect marketers with content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company uses its platform to manage influencer marketing campaigns on behalf of the company's marketers.