The company is so far trading down by 5.62% since yesterday’s close of 4.82 and has one of the biggest price drops of the day. 242 shares have changed hands.
Short traders are more bullish of late if you take a look at the change in short interest. The firm recorded a fall in short interest of -76.01% as of the latest report on October 13, 2017. Short shares fell from 1,261,674 to 302,636 over that timeframe. With short interest at 302,636 and short average daily volume at 1,177,226, days to cover is 0.0 and the short interest percentage is 0.05% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (IZEA). Blackrock Inc. expanded its position by buying 399 shares an increase of 13.0%. Blackrock Inc. now holds 3,461 shares worth $25,000. The value of the position overall is up by 316.7%. Tower Research Capital LLC (trc) reduced its investment by shedding 215 shares a decrease of 68.3% as of 09/30/2017. Tower Research Capital LLC (trc) controls 100 shares valued at $1,000. The total value of its holdings decreased 0.0%.
Royce & Associates Lp cut its stake by selling 75,000 shares a decrease of 31.8% in the quarter. Royce & Associates Lp claims 161,176 shares with a value of $1,144,000. The total value of its holdings increased 153.7%. As of the end of the quarter Vanguard Group Inc had acquired a total of 54,300 shares growing its stake by 39.8%. The value of the company’s investment in Izea Inc Common Stk went from $261,000 to $1,354,000 increasing 418.8% since the last quarter.
The company’s P/E ratio is N/A and the market cap is 26.05M. As of the latest earnings report the EPS was $-1.17 with 5.73M shares outstanding.
IZEA, Inc. (IZEA) launched on March 22, 2010, operates online marketplaces that facilitate transactions between brands and content creators. These creators produce and distribute text, videos and photos on behalf of brands through Websites, blogs and social media channels. The Business’s technology enables transactions to be completed at scale through the management of content workflow, creator search and targeting, bidding, analytics and payment processing. Brands and Publishers (collectively Brands) engage IZEA in order to gain access to its technology and network of creators. These companies are its primary customers and use its technology for various purposes, such as the engagement of online influencers for sponsored social campaigns (Sponsored Social), or the creation of standalone content for distribution through their owned channels (Content)..