Sezzle Inc. (NASDAQ:SEZL) Short Interest Up 24.8% in January

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 344,700 shares, a growth of 24.8% from the January 15th total of 276,300 shares. Approximately 11.0% of the shares of the stock are short sold. Based on an average trading volume of 137,200 shares, the short-interest ratio is presently 2.5 days.

Sezzle Trading Down 5.0 %

Shares of NASDAQ:SEZL traded down $17.24 during trading on Wednesday, hitting $330.74. 132,393 shares of the company's stock were exchanged, compared to its average volume of 136,808. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54. The firm has a market cap of $1.86 billion, a P/E ratio of 35.19 and a beta of 9.56. The firm has a 50-day moving average price of $263.74 and a two-hundred day moving average price of $235.03. Sezzle has a 1-year low of $38.22 and a 1-year high of $477.52.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, Director Kyle M. Brehm acquired 110 shares of the stock in a transaction on Thursday, December 5th. The stock was purchased at an average price of $360.00 per share, for a total transaction of $39,600.00. Following the transaction, the director now owns 3,718 shares of the company's stock, valued at $1,338,480. The trade was a 3.05 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul Martin Purcell sold 2,401 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $465.72, for a total transaction of $1,118,193.72. Following the transaction, the director now owns 58,275 shares in the company, valued at $27,139,833. The trade was a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 57.65% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sezzle

Institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Sezzle by 3.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,320 shares of the company's stock valued at $338,000 after acquiring an additional 44 shares during the last quarter. Rhumbline Advisers raised its holdings in Sezzle by 1.8% in the fourth quarter. Rhumbline Advisers now owns 2,556 shares of the company's stock worth $654,000 after purchasing an additional 45 shares during the period. Plato Investment Management Ltd bought a new position in shares of Sezzle during the fourth quarter worth $30,000. Meeder Asset Management Inc. acquired a new position in shares of Sezzle in the 4th quarter valued at $31,000. Finally, Federated Hermes Inc. grew its holdings in shares of Sezzle by 3,575.0% in the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company's stock valued at $38,000 after buying an additional 143 shares during the period. 2.02% of the stock is owned by institutional investors and hedge funds.

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.