Sezzle Inc. (NASDAQ:SEZL) Sees Large Growth in Short Interest

Sezzle Inc. (NASDAQ:SEZL) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 116,600 shares, a growth of 58.2% from the March 31st total of 73,700 shares. Based on an average daily volume of 55,600 shares, the days-to-cover ratio is currently 2.1 days. Approximately 4.2% of the company’s stock are short sold.

Insider Activity

In other news, COO Amin Sabzivand sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $81.15, for a total value of $162,300.00. Following the transaction, the chief operating officer now owns 30,435 shares in the company, valued at $2,469,800.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, COO Amin Sabzivand sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $81.15, for a total value of $162,300.00. Following the transaction, the chief operating officer now owns 30,435 shares in the company, valued at $2,469,800.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul Paradis sold 1,645 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $72.62, for a total value of $119,459.90. Following the completion of the transaction, the director now owns 207,674 shares in the company, valued at approximately $15,081,285.88. The disclosure for this sale can be found here. Insiders have sold 12,075 shares of company stock worth $827,687 over the last 90 days.

Institutional Trading of Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Tower Research Capital LLC TRC purchased a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,223 shares of the company’s stock, valued at approximately $25,000. 2.02% of the stock is owned by institutional investors and hedge funds.

Sezzle Stock Performance

Sezzle stock traded up $6.43 during mid-day trading on Friday, reaching $58.99. 95,573 shares of the company’s stock were exchanged, compared to its average volume of 59,200. The business’s fifty day simple moving average is $61.47 and its 200 day simple moving average is $34.39. The firm has a market capitalization of $333.88 million and a PE ratio of 47.19. Sezzle has a one year low of $7.15 and a one year high of $100.00. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.01.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.51 EPS for the quarter. The business had revenue of $48.90 million for the quarter. Sezzle had a return on equity of 40.56% and a net margin of 4.45%.

Sezzle Company Profile

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.