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 - Get Free Report) 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 days-to-cover ratio is currently 2.4 days.

Analysts Set New Price Targets

HEPS has been the subject of a number of research analyst reports. 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 target price for the company. in a research report on Wednesday, January 22nd. Hsbc Global Res downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth approximately $44,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter valued at $47,000. Jump Financial LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter worth $66,000. GAMMA Investing LLC increased its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the 4th quarter. GAMMA Investing LLC now owns 27,250 shares of the company's stock worth $83,000 after buying an additional 4,152 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at about $112,000. Institutional investors own 40.46% of the company's stock.

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

Shares of HEPS remained flat at $3.17 on Friday. 734,426 shares of the company were exchanged, compared to its average volume of 556,605. 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 one year low of $1.25 and a one year high of $4.05. The stock has a market capitalization of $891.98 million, a PE ratio of -21.13 and a beta of 2.42. The company's 50-day moving average price is $3.30 and its 200 day moving average price is $3.00.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last issued its quarterly earnings results 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%. Analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

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.