A Reversal for Izea Worldwide Inc (NASDAQ:IZEA) Is Not Near. The Stock Has Rise in Shorts

IZEA Worldwide, Inc. (NASDAQ:IZEA) Logo

The stock of Izea Worldwide Inc (NASDAQ:IZEA) registered an increase of 10.88% in short interest. IZEA’s total short interest was 851,900 shares in September as published by FINRA. Its up 10.88% from 768,300 shares, reported previously. With 445,700 shares average volume, it will take short sellers 2 days to cover their IZEA’s short positions.

The stock increased 1.79% or $0.0059 during the last trading session, reaching $0.336. About 201,699 shares traded. IZEA Worldwide, Inc. (NASDAQ:IZEA) has declined 70.91% since September 13, 2018 and is downtrending. It has underperformed by 70.91% the S&P500.

IZEA, Inc. operates online marketplaces that facilitate transactions between marketers and content creators. The company has market cap of $11.60 million. The Company’s technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. It currently has negative earnings. The firm helps brands to engage online influencers for influencer marketing campaigns, or to create content for distribution through their channels.

More notable recent IZEA Worldwide, Inc. (NASDAQ:IZEA) news were published by: Benzinga.com which released: “Stocks That Hit 52-Week Lows On Monday – Benzinga” on August 26, 2019, also Businesswire.com with their article: “IZEA Appoints Troy J. Vanke as Chief Financial Officer – Business Wire” published on February 06, 2019, Globenewswire.com published: “IZEA Announces VizSearch Location Support Nasdaq:IZEA – GlobeNewswire” on April 25, 2019. More interesting news about IZEA Worldwide, Inc. (NASDAQ:IZEA) were released by: Businesswire.com and their article: “IZEA Announces Letter of Intent to Acquire LATAM Influencer Marketing Company FLUVIP at CES 2019 – Business Wire” published on January 09, 2019 as well as Businesswire.com‘s news article titled: “IZEA Announces Multiple Significant Contract Wins in December – Business Wire” with publication date: January 02, 2019.

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