Y Intercept Hong Kong Ltd Makes New Investment in IZEA Worldwide, Inc. (NASDAQ:IZEA)

Y Intercept Hong Kong Ltd acquired a new stake in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) during the third quarter, Holdings Channel reports. The institutional investor acquired 14,688 shares of the company’s stock, valued at approximately $40,000.

Separately, Dimensional Fund Advisors LP grew its stake in IZEA Worldwide by 48.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 15,741 shares of the company’s stock valued at $37,000 after purchasing an additional 5,140 shares during the last quarter. Hedge funds and other institutional investors own 15.56% of the company’s stock.

IZEA Worldwide Stock Performance

Shares of IZEA stock opened at $2.41 on Friday. IZEA Worldwide, Inc. has a fifty-two week low of $1.83 and a fifty-two week high of $3.60. The firm has a market capitalization of $40.89 million, a PE ratio of -2.56 and a beta of 1.57. The stock’s 50-day simple moving average is $2.72 and its 200-day simple moving average is $2.47.

IZEA Worldwide Profile

IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.