Is Buying Izea Worldwide Inc (NASDAQ:IZEA), Having Higher Short Interest a Winning Strategy?

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 October 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 decreased 12.41% or $0.0367 during the last trading session, reaching $0.259. About 544,918 shares traded. IZEA Worldwide, Inc. (NASDAQ:IZEA) has declined 70.91% since October 12, 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 $8.94 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: Businesswire.com which released: “IZEA Offers Payment Acceleration to Creators Affected by the Government Shutdown – Business Wire” on January 17, 2019, also Businesswire.com with their article: “IZEA Announces IZEAx Discovery – Business Wire” published on January 17, 2019, Benzinga.com published: “Mid-Morning Market Update: Markets Open Higher; Deere Earnings Miss Views – Benzinga” on August 16, 2019. More interesting news about IZEA Worldwide, Inc. (NASDAQ:IZEA) were released by: Globenewswire.com and their article: “IZEA Reports Q2 2019 Financial Results Nasdaq:IZEA – GlobeNewswire” published on August 13, 2019 as well as Globenewswire.com‘s news article titled: “IZEA Announces Influencer Sponsorship Index Nasdaq:IZEA – GlobeNewswire” with publication date: April 23, 2019.

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