1stdibs.Com, Inc. (NASDAQ:DIBS) Short Interest Update

1stdibs.Com, Inc. (NASDAQ:DIBS) was the target of a significant increase in short interest in 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 presently 6.3 days. Approximately 1.9% of the company’s stock are sold short.

1stdibs.Com Stock Down 0.4 %

1stdibs.Com stock traded down $0.02 during midday trading on Thursday, reaching $4.64. The company’s stock had a trading volume of 68,004 shares, compared to its average volume of 119,188. 1stdibs.Com has a fifty-two week low of $3.65 and a fifty-two week high of $6.30. The company has a market cap of $182.70 million, a P/E ratio of -10.55 and a beta of 0.98. The business has a 50-day simple moving average of $4.56 and a 200-day simple moving average of $4.94.

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). 1stdibs.Com had a negative net margin of 16.28% and a negative return on equity of 10.93%. The business had revenue of $22.24 million during the quarter, compared to analyst estimates of $21.70 million. During the same quarter in the prior year, the business earned ($0.21) earnings per share. As a group, equities analysts forecast that 1stdibs.Com will post -0.47 earnings per share for the current year.

Insider Activity

In other 1stdibs.Com news, insider Matthew Rubinger sold 5,422 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $4.63, for a total value of $25,103.86. Following the sale, the insider now directly owns 32,611 shares in the company, valued at $150,988.93. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 8,508 shares of company stock worth $38,991. Corporate insiders own 19.60% of the company’s stock.

Institutional Trading of 1stdibs.Com

A number of hedge funds and other institutional investors have recently made changes to their positions in DIBS. GSA Capital Partners LLP increased its position in shares of 1stdibs.Com by 6.1% during the first quarter. GSA Capital Partners LLP now owns 93,672 shares of the company’s stock worth $558,000 after purchasing an additional 5,365 shares in the last quarter. Vanguard Group Inc. increased its position in shares of 1stdibs.Com by 7.3% during the first quarter. Vanguard Group Inc. now owns 1,259,464 shares of the company’s stock worth $7,506,000 after purchasing an additional 85,757 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of 1stdibs.Com by 198.0% during the first quarter. Acadian Asset Management LLC now owns 130,544 shares of the company’s stock worth $776,000 after purchasing an additional 86,740 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of 1stdibs.Com during the first quarter worth about $124,000. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of 1stdibs.Com by 57.2% during the first quarter. Jacobs Levy Equity Management Inc. now owns 111,933 shares of the company’s stock worth $667,000 after purchasing an additional 40,735 shares in the last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

About 1stdibs.Com

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.