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

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 364,300 shares, a decline of 22.6% from the December 31st total of 470,900 shares. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is currently 0.2 days.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Up 1.3 %

NASDAQ:HEPS opened at $3.18 on Thursday. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 52 week low of $1.25 and a 52 week high of $4.05. The stock’s fifty day moving average is $3.13 and its two-hundred day moving average is $2.92. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last released its earnings results on Tuesday, December 10th. The company reported ($0.03) earnings per share (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, equities research analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

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

A number of institutional investors and hedge funds have recently bought and sold shares of HEPS. Jane Street Group LLC lifted its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% in the third quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock valued at $110,000 after buying an additional 29,046 shares during the last quarter. GAMMA Investing LLC increased its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock valued at $83,000 after purchasing an additional 4,152 shares during the period. ABS Direct Equity Fund LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter worth about $545,000. State Street Corp grew its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% during the third quarter. State Street Corp now owns 701,050 shares of the company’s stock worth $1,584,000 after buying an additional 47,639 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at about $58,000. 40.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on HEPS shares. 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 research report on Wednesday, January 22nd. HSBC downgraded 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 note on Wednesday, January 22nd.

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.