Sezzle Inc. (NASDAQ:SEZL) Short Interest Update

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 159,700 shares, an increase of 84.8% from the November 30th total of 86,400 shares. Approximately 5.0% of the company's stock are sold short. Based on an average trading volume of 117,900 shares, the short-interest ratio is currently 1.4 days.

Insider Buying and Selling

In other news, Director Kyle M. Brehm purchased 106 shares of Sezzle stock in a transaction on Wednesday, November 20th. The stock was purchased at an average price of $402.00 per share, with a total value of $42,612.00. Following the transaction, the director now directly owns 3,608 shares in the company, valued at $1,450,416. The trade was a 3.03 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Paul Martin Purcell sold 2,401 shares of Sezzle stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $465.72, for a total transaction of $1,118,193.72. Following the completion of the sale, the director now owns 58,275 shares in the company, valued at $27,139,833. This trade represents a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,339 shares of company stock worth $6,760,504 over the last ninety days. Company insiders own 57.65% of the company's stock.

Institutional Investors Weigh In On Sezzle

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its position in Sezzle by 191.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company's stock worth $3,474,000 after purchasing an additional 13,383 shares in the last quarter. Navellier & Associates Inc. bought a new stake in shares of Sezzle during the third quarter worth $1,217,000. Bank of New York Mellon Corp acquired a new position in shares of Sezzle during the second quarter worth $611,000. XTX Topco Ltd bought a new position in shares of Sezzle in the 2nd quarter valued at $544,000. Finally, Divisadero Street Capital Management LP acquired a new stake in shares of Sezzle during the 2nd quarter valued at $356,000. 2.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SEZL shares. B. Riley restated a "buy" rating and set a $372.00 price objective (up from $353.00) on shares of Sezzle in a research note on Thursday, December 19th. Northland Securities lifted their price target on Sezzle from $300.00 to $360.00 and gave the stock an "outperform" rating in a report on Thursday, December 19th.

Sezzle Price Performance

Shares of NASDAQ:SEZL traded down $7.25 during trading on Friday, reaching $265.06. 95,853 shares of the company traded hands, compared to its average volume of 92,933. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. Sezzle has a 52 week low of $16.23 and a 52 week high of $477.52. The firm has a market capitalization of $1.49 billion, a PE ratio of 28.20 and a beta of 9.23. The company's 50 day moving average is $316.30 and its two-hundred day moving average is $188.36.

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.