1stdibs.Com, Inc. (NASDAQ:DIBS) Short Interest Up 9.5% in September

1stdibs.Com, Inc. (NASDAQ:DIBS) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 534,100 shares, an increase of 9.5% from the September 15th total of 487,700 shares. Based on an average trading volume of 84,800 shares, the short-interest ratio is currently 6.3 days. Currently, 1.9% of the shares of the stock are sold short.

Insider Buying and Selling

In related news, insider Matthew Rubinger sold 5,422 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $4.63, for a total transaction of $25,103.86. Following the sale, the insider now directly owns 32,611 shares in the company, valued at $150,988.93. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 8,508 shares of company stock worth $38,991 in the last three months. Insiders own 19.60% of the company’s stock.

Institutional Trading of 1stdibs.Com

Several hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new stake in 1stdibs.Com during the 3rd quarter worth $56,000. Harspring Capital Management LLC bought a new position in 1stdibs.Com during the 2nd quarter worth about $1,080,000. Renaissance Technologies LLC increased its holdings in 1stdibs.Com by 74.6% during the 2nd quarter. Renaissance Technologies LLC now owns 536,000 shares of the company’s stock worth $2,407,000 after purchasing an additional 229,000 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in 1stdibs.Com by 3.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 180,377 shares of the company’s stock worth $810,000 after purchasing an additional 6,387 shares in the last quarter. Finally, American Century Companies Inc. bought a new position in 1stdibs.Com during the 2nd quarter worth about $54,000. Institutional investors and hedge funds own 66.97% of the company’s stock.

1stdibs.Com Stock Performance

DIBS traded down $0.02 during mid-day trading on Thursday, reaching $4.64. The stock had a trading volume of 68,004 shares, compared to its average volume of 119,188. The firm’s fifty day simple moving average is $4.56 and its two-hundred day simple moving average is $4.94. The stock has a market capitalization of $182.70 million, a P/E ratio of -10.55 and a beta of 0.98. 1stdibs.Com has a 52 week low of $3.65 and a 52 week high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.01). The company had revenue of $22.24 million during the quarter, compared to analyst estimates of $21.70 million. 1stdibs.Com had a negative net margin of 16.28% and a negative return on equity of 10.93%. During the same period last year, the company earned ($0.21) EPS. As a group, analysts expect that 1stdibs.Com will post -0.47 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.