D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Sees Large Drop in Short Interest

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 674,800 shares, a drop of 15.9% from the November 15th total of 802,700 shares. Based on an average daily trading volume, of 1,720,000 shares, the days-to-cover ratio is presently 0.4 days.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Up 5.3 %

Shares of NASDAQ HEPS traded up $0.17 during mid-day trading on Monday, reaching $3.36. 770,238 shares of the company were exchanged, compared to its average volume of 829,875. 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 50-day moving average of $2.98 and a 200 day moving average of $2.73. The stock has a market cap of $945.45 million, a price-to-earnings ratio of -22.40 and a beta of 2.46. The company has a quick ratio of 0.69, a current ratio of 1.04 and a debt-to-equity ratio of 0.09.

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

Several hedge funds have recently modified their holdings of the company. Mackenzie Financial Corp purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter valued at $29,000. Cubist Systematic Strategies LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter valued at about $34,000. Flow Traders U.S. LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter valued at about $44,000. Dynamic Technology Lab Private Ltd acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth about $47,000. Finally, GAMMA Investing LLC grew its stake in shares of 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. 40.46% of the stock is owned by hedge funds and other 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.