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

Sezzle Inc. (NASDAQ:SEZL) saw a large growth in short interest in the month of 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 trading volume, of 55,600 shares, the days-to-cover ratio is presently 2.1 days. Approximately 4.2% of the company’s shares are short sold.

Insider Transactions at Sezzle

In other news, COO Amin Sabzivand sold 2,000 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $81.15, for a total transaction of $162,300.00. Following the completion of the transaction, the chief operating officer now directly owns 30,435 shares in the company, valued at approximately $2,469,800.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, COO Amin Sabzivand sold 2,000 shares of the business’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 completion of the transaction, the chief operating officer now directly owns 30,435 shares in the company, valued at approximately $2,469,800.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul Paradis sold 1,645 shares of the business’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 of the company’s stock, valued at $15,081,285.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,075 shares of company stock worth $827,687.

Institutional Investors Weigh In On Sezzle

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

Sezzle Stock Up 12.2 %

NASDAQ SEZL traded up $6.43 during trading on Friday, hitting $58.99. The stock had a trading volume of 95,573 shares, compared to its average volume of 59,200. The company has a market capitalization of $333.88 million and a PE ratio of 47.19. The company’s 50-day moving average price is $61.47 and its two-hundred day moving average price is $34.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.12 and a current ratio of 1.12. Sezzle has a 12 month low of $7.15 and a 12 month high of $100.00.

Sezzle (NASDAQ:SEZL) last released its earnings results on Monday, February 26th. The company reported $0.51 EPS for the quarter. The firm 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%.

About Sezzle

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.