Short Interest in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Declines By 22.6%

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 364,300 shares, a decline of 22.6% from the December 31st total of 470,900 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

HEPS has been the subject of a number of analyst reports. Hsbc Global Res cut shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. HSBC downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a research note on Wednesday, January 22nd.

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

A number of large investors have recently bought and sold shares of the stock. ABS Direct Equity Fund LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at $545,000. GAMMA Investing LLC lifted its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% during the 4th quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock valued at $83,000 after purchasing an additional 4,152 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company’s stock valued at $216,000 after purchasing an additional 85,245 shares during the last quarter. Jane Street Group LLC grew its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock worth $110,000 after buying an additional 29,046 shares during the period. Finally, State Street Corp lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% in the third quarter. State Street Corp now owns 701,050 shares of the company’s stock valued at $1,584,000 after buying an additional 47,639 shares during the period. 40.46% of the stock is currently owned by institutional investors.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Performance

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. stock traded down $0.01 during trading on Friday, reaching $3.29. The company’s stock had a trading volume of 1,249,993 shares, compared to its average volume of 420,935. D-Market Elektronik Hizmetler ve Ticaret A.S. has a one year low of $1.25 and a one year high of $4.05. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02. The firm has a market cap of $925.74 million, a price-to-earnings ratio of -21.93 and a beta of 2.42. The business’s fifty day moving average price is $3.15 and its 200-day moving average price is $2.92.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last issued its quarterly earnings results on Tuesday, December 10th. The company reported ($0.03) earnings per share (EPS) for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.28% and a negative return on equity of 30.48%. As a group, equities research analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

D-Market Elektronik Hizmetler ve Ticaret A.S. Company Profile

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.