D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Up 122.5% in January

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 907,100 shares, an increase of 122.5% from the January 15th total of 407,600 shares. Based on an average daily volume of 596,600 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

Institutional investors have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter valued at about $34,000. Flow Traders U.S. LLC purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter valued at $44,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth $47,000. GAMMA Investing LLC grew its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% during the third quarter. GAMMA Investing LLC now owns 23,098 shares of the company’s stock worth $52,000 after buying an additional 7,412 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% in the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock worth $110,000 after acquiring an additional 29,046 shares during the last quarter. Institutional investors own 40.46% of the company’s stock.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Up 0.4 %

Shares of HEPS stock traded up $0.02 during trading hours on Thursday, reaching $3.68. The company had a trading volume of 168,957 shares, compared to its average volume of 500,246. The business has a fifty day simple moving average of $3.24 and a 200-day simple moving average of $2.94. The company has a market cap of $1.03 billion, a price-to-earnings ratio of -24.50 and a beta of 2.43. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.66. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 12 month low of $1.25 and a 12 month high of $4.05.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its earnings results on Tuesday, December 10th. The company reported ($0.03) 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%. On average, research analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on HEPS shares. HSBC cut D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 target price on the stock. in a report on Wednesday, January 22nd. 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 report on Wednesday, January 22nd.

About D-Market Elektronik Hizmetler ve Ticaret A.S.

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.