D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Up 264.0% in October

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 819,000 shares, a growth of 264.0% from the October 15th total of 225,000 shares. Based on an average daily volume of 1,650,000 shares, the short-interest ratio is presently 0.5 days.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 0.3 %

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. stock traded down $0.01 during trading hours on Tuesday, reaching $3.07. The stock had a trading volume of 737,416 shares, compared to its average volume of 848,672. The company has a current ratio of 1.04, a quick ratio of 0.69 and a debt-to-equity ratio of 0.09. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1 year low of $1.25 and a 1 year high of $4.05. The firm has a 50 day simple moving average of $2.67 and a two-hundred day simple moving average of $2.48. The firm has a market capitalization of $863.85 million, a price-to-earnings ratio of -21.64 and a beta of 2.56.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last released its quarterly earnings results on Wednesday, September 11th. The company reported ($0.04) EPS for the quarter. The business had revenue of $312.22 million during the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 27.17% and a negative net margin of 3.29%. As a group, equities research analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

Hedge Funds Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

Several hedge funds have recently made changes to their positions in HEPS. GAMMA Investing LLC grew its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% in the third quarter. GAMMA Investing LLC now owns 23,098 shares of the company’s stock valued at $52,000 after purchasing an additional 7,412 shares in the last quarter. Mackenzie Financial Corp acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth about $29,000. Cubist Systematic Strategies LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at $34,000. XTX Topco Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at $58,000. Finally, Capricorn Fund Managers Ltd acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter worth $66,000. Institutional investors and hedge funds own 40.46% of the company’s stock.

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.