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

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on HEPS shares. 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 for the company. in a research report on Wednesday, January 22nd. Hsbc Global Res lowered shares of 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

Shares of NASDAQ HEPS opened at $3.20 on Wednesday. The business has a 50-day moving average price of $3.30 and a 200 day moving average price of $2.99. The stock has a market cap of $900.43 million, a PE ratio of -21.33 and a beta of 2.43. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. 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 issued its quarterly earnings data 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%. Equities research analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

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

Large investors have recently bought and sold shares of the business. Tekne Capital Management LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at $18,786,000. Brightlight Capital Management LP purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter worth about $14,533,000. VR Advisory Services Ltd acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at about $8,321,000. BIT Capital GmbH raised its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% during the 4th quarter. BIT Capital GmbH now owns 1,499,495 shares of the company’s stock valued at $4,543,000 after acquiring an additional 1,483,304 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter valued at approximately $2,735,000. 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.