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

IZEA Worldwide, Inc. (NASDAQ:IZEA) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 95,600 shares, a decrease of 14.3% from the March 15th total of 111,500 shares. Based on an average daily volume of 55,000 shares, the short-interest ratio is presently 1.7 days. Currently, 0.7% of the company’s stock are sold short.

Hedge Funds Weigh In On IZEA Worldwide

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jacob Asset Management of New York LLC raised its stake in IZEA Worldwide by 9.6% in the 3rd quarter. Jacob Asset Management of New York LLC now owns 114,650 shares of the company’s stock worth $248,000 after acquiring an additional 10,000 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of IZEA Worldwide by 72.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 24,150 shares of the company’s stock valued at $49,000 after buying an additional 10,106 shares during the last quarter. State Street Corp raised its stake in shares of IZEA Worldwide by 7.8% during the 1st quarter. State Street Corp now owns 206,044 shares of the company’s stock valued at $342,000 after buying an additional 14,913 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of IZEA Worldwide by 14.0% during the 4th quarter. Renaissance Technologies LLC now owns 123,200 shares of the company’s stock valued at $67,000 after buying an additional 15,100 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of IZEA Worldwide by 3.4% during the 4th quarter. Vanguard Group Inc. now owns 600,931 shares of the company’s stock valued at $1,208,000 after buying an additional 19,899 shares during the last quarter. Hedge funds and other institutional investors own 15.56% of the company’s stock.

IZEA Worldwide Price Performance

Shares of IZEA stock opened at $2.56 on Tuesday. The firm has a market capitalization of $39.55 million, a price-to-earnings ratio of -5.69 and a beta of 1.82. The business has a fifty day moving average of $2.11 and a 200 day moving average of $2.17. IZEA Worldwide has a 1 year low of $1.83 and a 1 year high of $3.28.

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.