1stdibs.Com, Inc. (NASDAQ:DIBS) Short Interest Up 23.9% in December

1stdibs.Com, Inc. (NASDAQ:DIBS - Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 425,200 shares, an increase of 23.9% from the November 30th total of 343,200 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 126,600 shares, the days-to-cover ratio is currently 3.4 days.

Wall Street Analyst Weigh In

Separately, JMP Securities reissued a "market perform" rating on shares of 1stdibs.Com in a report on Monday, December 16th.

Insider Buying and Selling

In related news, insider Matthew Rubinger sold 12,002 shares of the company's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $3.94, for a total value of $47,287.88. Following the completion of the transaction, the insider now directly owns 12,477 shares in the company, valued at approximately $49,159.38. The trade was a 49.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 15,088 shares of company stock worth $61,175 over the last ninety days. 19.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On 1stdibs.Com

Several institutional investors have recently added to or reduced their stakes in the company. American Century Companies Inc. bought a new stake in 1stdibs.Com during the 2nd quarter valued at approximately $54,000. SG Americas Securities LLC purchased a new position in 1stdibs.Com during the 3rd quarter valued at about $56,000. Pitcairn Co. bought a new stake in 1stdibs.Com during the third quarter worth about $65,000. Panagora Asset Management Inc. purchased a new stake in 1stdibs.Com in the second quarter worth about $74,000. Finally, Garden State Investment Advisory Services LLC bought a new position in shares of 1stdibs.Com during the third quarter valued at approximately $93,000. Hedge funds and other institutional investors own 66.97% of the company's stock.

1stdibs.Com Trading Down 2.7 %

Shares of NASDAQ:DIBS traded down $0.10 on Tuesday, reaching $3.54. 160,293 shares of the company traded hands, compared to its average volume of 124,866. The stock has a market capitalization of $129.26 million, a P/E ratio of -8.43 and a beta of 0.94. The business's 50-day simple moving average is $3.91 and its 200 day simple moving average is $4.31. 1stdibs.Com has a 52 week low of $3.37 and a 52 week high of $6.30.

1stdibs.Com (NASDAQ:DIBS - Get Free Report) last announced its quarterly earnings results on Friday, November 8th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.02). The company had revenue of $21.19 million during the quarter, compared to analysts' expectations of $21.61 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. During the same period last year, the firm earned ($0.08) earnings per share. Sell-side analysts expect that 1stdibs.Com will post -0.52 EPS for the current fiscal year.

1stdibs.Com Company Profile

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.