Short Interest in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Rises By 48.8%

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,350,000 shares, an increase of 48.8% from the January 31st total of 907,100 shares. Based on an average daily volume of 569,500 shares, the days-to-cover ratio is presently 2.4 days.

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

Shares of HEPS remained flat at $3.20 during trading hours on Tuesday. 1,131,927 shares of the stock were exchanged, compared to its average volume of 543,462. The company has a current ratio of 1.02, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average of $3.31 and a two-hundred day moving average of $2.99. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.25 and a 1-year high of $4.05. The firm has a market cap of $900.43 million, a PE ratio of -21.33 and a beta of 2.43.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its quarterly 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, equities research analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

Institutional Investors Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

Institutional investors have recently bought and sold shares of the business. Flow Traders U.S. LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter valued at $44,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter valued at about $47,000. Jump Financial LLC bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at about $66,000. GAMMA Investing LLC raised its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock worth $83,000 after purchasing an additional 4,152 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter worth about $112,000. Institutional investors and hedge funds own 40.46% of the company’s stock.

Analysts Set New Price Targets

HEPS has been the topic of several recent analyst reports. Hsbc Global Res downgraded 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. HSBC downgraded shares of 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.

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.