Sezzle Inc. (NASDAQ:SEZL) Short Interest Update

Sezzle Inc. (NASDAQ:SEZL) was the recipient of a large growth in short interest during 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. Currently, 4.2% of the shares of the company are short sold. Based on an average daily volume of 55,600 shares, the days-to-cover ratio is presently 2.1 days.

Sezzle Price Performance

Shares of NASDAQ SEZL traded up $6.43 during midday trading on Friday, reaching $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 price-to-earnings ratio of 47.19. Sezzle has a 12-month low of $7.15 and a 12-month high of $100.00. The stock has a 50-day moving average of $61.47 and a 200-day moving average of $34.23. 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 (NASDAQ:SEZL) last issued its 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 during the quarter. Sezzle had a net margin of 4.45% and a return on equity of 40.56%.

Insider Activity

In other Sezzle news, Director Paul Paradis sold 1,470 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $61.82, for a total transaction of $90,875.40. Following the completion of the sale, the director now directly owns 209,319 shares of the company’s stock, valued at $12,940,100.58. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, COO Amin Sabzivand sold 1,400 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $58.00, for a total transaction of $81,200.00. Following the completion of the transaction, the chief operating officer now directly owns 32,532 shares in the company, valued at approximately $1,886,856. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Paul Paradis sold 1,470 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $61.82, for a total transaction of $90,875.40. Following the sale, the director now owns 209,319 shares in the company, valued at approximately $12,940,100.58. The disclosure for this sale can be found here. Insiders sold 12,075 shares of company stock valued at $827,687 in the last quarter.

Institutional Trading of Sezzle

An institutional investor recently bought a new position in Sezzle stock. Tower Research Capital LLC TRC purchased a new position in Sezzle Inc. (NASDAQ:SEZL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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.

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.