D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Update

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 trading volume, of 569,500 shares, the days-to-cover ratio is presently 2.4 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in HEPS. Flow Traders U.S. LLC bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter valued at approximately $44,000. Dynamic Technology Lab Private Ltd bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter valued at approximately $47,000. Jump Financial LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth $66,000. GAMMA Investing LLC boosted its holdings in shares of 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 worth $83,000 after buying an additional 4,152 shares during the period. Finally, Jane Street Group LLC grew 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 valued at $110,000 after buying an additional 29,046 shares during the last quarter. Institutional investors and hedge funds own 40.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HEPS. HSBC lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 target price for the company. in a research note on Wednesday, January 22nd. Hsbc Global Res downgraded 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.

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

HEPS remained flat at $3.20 during midday trading on Tuesday. 1,131,927 shares of the company traded hands, 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 stock has a market capitalization of $900.43 million, a P/E ratio of -21.33 and a beta of 2.43. The company’s 50 day moving average price is $3.31 and its two-hundred day moving average price is $2.99. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 52-week low of $1.25 and a 52-week high of $4.05.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last released its quarterly 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 expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS 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.