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 growth in short interest in January. As of January 31st, there was short interest totalling 907,100 shares, a growth of 122.5% from the January 15th total of 407,600 shares. Based on an average daily trading volume, of 596,600 shares, the short-interest ratio is currently 1.5 days.

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

Shares of HEPS stock traded up $0.02 on Thursday, reaching $3.68. 168,957 shares of the stock were exchanged, compared to its average volume of 500,246. The stock has a 50 day moving average price of $3.24 and a 200 day moving average price of $2.94. The stock has a market cap of $1.03 billion, a PE ratio of -24.50 and a beta of 2.43. 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 current ratio of 1.02 and a quick ratio of 0.66.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its quarterly earnings data 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%. Equities research analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

Analysts Set New Price Targets

HEPS has been the subject of a number of recent analyst reports. Hsbc Global Res lowered 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 cut 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 report on Wednesday, January 22nd.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in HEPS. Cubist Systematic Strategies LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth $34,000. GAMMA Investing LLC lifted 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 acquiring an additional 7,412 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth approximately $47,000. Flow Traders U.S. LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth approximately $44,000. Finally, State Street Corp raised its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 40.46% of the company’s stock.

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.