D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Down 15.9% in November

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) saw a large 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 volume of 1,720,000 shares, the days-to-cover ratio is currently 0.4 days.

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

D-Market Elektronik Hizmetler ve Ticaret A.S. stock traded up $0.17 during midday trading on Monday, reaching $3.36. 770,238 shares of the stock traded hands, compared to its average volume of 829,875. The company has a quick ratio of 0.69, a current ratio of 1.04 and a debt-to-equity ratio of 0.09. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 12 month low of $1.25 and a 12 month high of $4.05. The stock's fifty day moving average is $2.98 and its 200-day moving average is $2.73. The stock has a market cap of $945.45 million, a P/E ratio of -22.40 and a beta of 2.46.

Institutional Investors Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mackenzie Financial Corp bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth approximately $29,000. Cubist Systematic Strategies LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter valued at $34,000. Flow Traders U.S. LLC purchased a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth about $44,000. Dynamic Technology Lab Private Ltd bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter valued at about $47,000. Finally, GAMMA Investing LLC boosted its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% in the 3rd quarter. GAMMA Investing LLC now owns 23,098 shares of the company's stock valued at $52,000 after buying an additional 7,412 shares during the period. 40.46% of the stock is currently 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.

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