D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Update

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 907,100 shares, an increase of 122.5% from the January 15th total of 407,600 shares. Based on an average daily volume of 596,600 shares, the days-to-cover ratio is presently 1.5 days.

Analysts Set New Price Targets

Several research firms have recently weighed in on HEPS. 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 report on Wednesday, January 22nd. HSBC lowered 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 on the stock. in a report on Wednesday, January 22nd.

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

NASDAQ:HEPS traded up $0.04 during mid-day trading on Monday, reaching $3.68. 705,648 shares of the company were exchanged, compared to its average volume of 528,830. 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 company has a fifty day moving average of $3.26 and a 200 day moving average of $2.94. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. The stock has a market cap of $1.04 billion, a PE ratio of -24.53 and a beta of 2.43.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last issued its quarterly earnings data on Tuesday, December 10th. The company reported ($0.03) EPS for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. On average, research analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

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

A number of hedge funds have recently modified their holdings of HEPS. Tekne Capital Management LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at approximately $18,786,000. Brightlight Capital Management LP bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth approximately $14,533,000. BIT Capital GmbH increased 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 worth $4,543,000 after purchasing an additional 1,483,304 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth approximately $2,735,000. Finally, OLP CAPITAL MANAGEMENT Ltd bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth approximately $702,000. 40.46% of the stock is currently owned by institutional investors and hedge funds.

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.