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

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was the target of a significant increase in short interest in 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 trading volume of 596,600 shares, the short-interest ratio is currently 1.5 days.

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

HEPS stock opened at $3.68 on Friday. D-Market Elektronik Hizmetler ve Ticaret A.S. has a twelve month low of $1.25 and a twelve month 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 stock’s 50 day moving average is $3.26 and its 200-day moving average is $2.95.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its earnings results on Tuesday, December 10th. The company reported ($0.03) earnings per share 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 predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HEPS. Hsbc Global Res lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd. HSBC lowered 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.

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

Hedge funds have recently bought and sold shares of the business. Cubist Systematic Strategies LLC bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth $34,000. Flow Traders U.S. LLC bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth $44,000. Dynamic Technology Lab Private Ltd bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth $47,000. GAMMA Investing LLC lifted its holdings 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 acquiring an additional 7,412 shares during the period. Finally, Jump Financial LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth $66,000. 40.46% of the stock is currently owned by institutional investors.

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.