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

IZEA Worldwide, Inc. (NASDAQ:IZEA) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 30,300 shares, a decrease of 25.0% from the November 15th total of 40,400 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 36,100 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On IZEA Worldwide

Large investors have recently made changes to their positions in the business. Y Intercept Hong Kong Ltd purchased a new stake in shares of IZEA Worldwide in the third quarter valued at $40,000. Renaissance Technologies LLC grew its position in shares of IZEA Worldwide by 8.5% in the 2nd quarter. Renaissance Technologies LLC now owns 75,603 shares of the company’s stock worth $178,000 after buying an additional 5,900 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of IZEA Worldwide by 48.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 15,741 shares of the company’s stock valued at $37,000 after purchasing an additional 5,140 shares during the last quarter. 15.56% of the stock is currently owned by hedge funds and other institutional investors.

IZEA Worldwide Stock Up 0.8 %

Shares of IZEA Worldwide stock traded up $0.02 during trading on Friday, hitting $2.57. The company’s stock had a trading volume of 5,756 shares, compared to its average volume of 47,638. IZEA Worldwide has a 52 week low of $1.83 and a 52 week high of $3.60. The company has a fifty day simple moving average of $2.73 and a two-hundred day simple moving average of $2.47.

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.