Sezzle Inc. (NASDAQ:SEZL) Short Interest Update

Sezzle Inc. (NASDAQ:SEZL) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 73,700 shares, an increase of 83.3% from the March 15th total of 40,200 shares. Currently, 2.7% of the company’s stock are short sold. Based on an average daily trading volume, of 58,200 shares, the short-interest ratio is currently 1.3 days.

Sezzle Stock Performance

Shares of NASDAQ SEZL traded down $2.46 during mid-day trading on Friday, hitting $65.15. The stock had a trading volume of 27,024 shares, compared to its average volume of 68,064. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.12 and a current ratio of 1.12. The company has a 50 day moving average of $58.84 and a two-hundred day moving average of $31.21. Sezzle has a twelve month low of $7.15 and a twelve month high of $100.00. The firm has a market cap of $366.79 million and a PE ratio of 52.12.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings results on Monday, February 26th. The company reported $0.51 earnings per share for the quarter. The company 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%.

Insiders Place Their Bets

In other news, Director Paul Paradis sold 1,645 shares of the stock in a transaction on Friday, April 5th. The stock was sold at an average price of $67.66, for a total transaction of $111,300.70. Following the completion of the sale, the director now owns 213,781 shares in the company, valued at approximately $14,464,422.46. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Paul Paradis sold 1,645 shares of the stock in a transaction on Friday, April 5th. The stock was sold at an average price of $67.66, for a total transaction of $111,300.70. Following the completion of the sale, the director now owns 213,781 shares in the company, valued at approximately $14,464,422.46. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Amin Sabzivand sold 1,400 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $58.00, for a total value of $81,200.00. Following the sale, the chief operating officer now owns 32,532 shares of the company’s stock, valued at approximately $1,886,856. The disclosure for this sale can be found here. Insiders sold a total of 11,755 shares of company stock worth $764,767 over the last 90 days.

Institutional Investors Weigh In On Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Tower Research Capital LLC TRC bought a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,223 shares of the company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

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.