Short Interest in Sezzle Inc. (NASDAQ:SEZL) Expands By 58.2%

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) was the recipient of a large growth in short interest in 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 trading volume of 55,600 shares, the days-to-cover ratio is presently 2.1 days. Currently, 4.2% of the shares of the stock are short sold.

Insider Buying and Selling at Sezzle

In other Sezzle news, COO Amin Sabzivand sold 2,000 shares of the firm's stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $81.15, for a total value of $162,300.00. Following the completion of the sale, the chief operating officer now 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 at this hyperlink. In other news, Director Paul Paradis sold 1,645 shares of Sezzle stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $72.62, for a total transaction of $119,459.90. Following the completion of the sale, the director now owns 207,674 shares in the company, valued at approximately $15,081,285.88. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Amin Sabzivand sold 2,000 shares of Sezzle stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $81.15, for a total transaction of $162,300.00. Following the sale, the chief operating officer now owns 30,435 shares of the company's stock, valued at approximately $2,469,800.25. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,075 shares of company stock worth $827,687.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sezzle stock. Tower Research Capital LLC TRC acquired a new position in shares of Sezzle Inc. (NASDAQ:SEZL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 Trading Up 12.2 %

Shares of NASDAQ:SEZL traded up $6.43 during trading on Friday, hitting $58.99. 95,573 shares of the company's stock were exchanged, compared to its average volume of 59,200. The firm has a 50-day moving average price of $61.47 and a two-hundred day moving average price of $34.39. Sezzle has a 1-year low of $7.15 and a 1-year high of $100.00. The firm has a market cap of $333.88 million and a P/E ratio of 47.19. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.01.

Sezzle (NASDAQ:SEZL - Get Free Report) last released its quarterly earnings data on Monday, February 26th. The company reported $0.51 earnings per share for the quarter. Sezzle had a net margin of 4.45% and a return on equity of 40.56%. The business had revenue of $48.90 million for the quarter.

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.