D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Up 92.0% in October

Posted by Paula Ricardo on Oct 28th, 2024

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 225,000 shares, a growth of 92.0% from the September 30th total of 117,200 shares. Based on an average daily trading volume, of 1,410,000 shares, the days-to-cover ratio is presently 0.2 days.

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

A number of institutional investors have recently made changes to their positions in HEPS. Mackenzie Financial Corp acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth approximately $29,000. Cubist Systematic Strategies LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth approximately $34,000. GAMMA Investing LLC boosted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% in 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. XTX Topco Ltd acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth approximately $58,000. Finally, Capricorn Fund Managers Ltd acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth $66,000. 40.46% of the stock is owned by institutional investors and hedge funds.

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

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. stock remained flat at $3.37 on Monday. The stock had a trading volume of 4,509,819 shares, compared to its average volume of 823,526. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 0.69. The business has a 50-day simple moving average of $2.59 and a 200-day simple moving average of $2.33. The firm has a market capitalization of $948.26 million, a P/E ratio of 112.33 and a beta of 2.65. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.10 and a 1-year high of $4.05.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS – Get Free Report) last issued its quarterly earnings results on Wednesday, September 11th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $312.22 million during the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 27.17% and a negative net margin of 3.29%. Sell-side analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

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

(Get Free Report)

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.