Sezzle Inc. (NASDAQ:SEZL) Short Interest Down 29.2% in April

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totalling 82,600 shares, a decline of 29.2% from the April 15th total of 116,600 shares. Currently, 3.0% of the company's stock are sold short. Based on an average daily trading volume, of 76,300 shares, the days-to-cover ratio is presently 1.1 days.

Insiders Place Their Bets

In other Sezzle news, COO Amin Sabzivand sold 1,400 shares of the firm'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 sale, the chief operating officer now owns 32,532 shares in the company, valued at approximately $1,886,856. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, Director Paul Paradis sold 1,470 shares of the company's stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $77.36, for a total value of $113,719.20. Following the sale, the director now owns 209,906 shares in the company, valued at approximately $16,238,328.16. 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 Sezzle stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $58.00, for a total value of $81,200.00. Following the completion of the transaction, the chief operating officer now owns 32,532 shares of the company's stock, valued at $1,886,856. The disclosure for this sale can be found here. Insiders have sold 14,130 shares of company stock worth $974,603 in the last quarter. 57.65% of the stock is owned by corporate insiders.

Institutional Trading of Sezzle

An institutional investor recently bought a new position in Sezzle stock. Tower Research Capital LLC TRC bought a new stake in Sezzle Inc. (NASDAQ:SEZL - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,223 shares of the company's stock, valued at approximately $25,000. Institutional investors and hedge funds own 2.02% of the company's stock.

Sezzle Stock Performance

SEZL stock traded up $5.15 during midday trading on Friday, reaching $83.74. The company had a trading volume of 184,708 shares, compared to its average volume of 124,661. The stock has a 50 day moving average price of $63.07 and a 200 day moving average price of $37.55. The firm has a market capitalization of $473.97 million and a PE ratio of 36.73. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.01. Sezzle has a fifty-two week low of $7.15 and a fifty-two week high of $100.00.

Sezzle (NASDAQ:SEZL - Get Free Report) last announced its earnings results on Monday, February 26th. The company reported $0.51 earnings per share (EPS) for the quarter. The company had revenue of $48.90 million for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 71.24%.

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.