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

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totalling 1,030,000 shares, a drop of 34.0% from the April 30th total of 1,560,000 shares. Based on an average daily volume of 548,400 shares, the short-interest ratio is currently 1.9 days. Approximately 0.6% of the shares of the stock are sold short.

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

NASDAQ HEPS traded down $0.03 during mid-day trading on Monday, hitting $2.63. The stock had a trading volume of 980,720 shares, compared to its average volume of 892,554. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. The company has a 50 day simple moving average of $2.72 and a 200 day simple moving average of $3.03. The company has a market cap of $845.24 million, a price-to-earnings ratio of -17.53 and a beta of 2.42. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 52-week low of $1.77 and a 52-week high of $4.05.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $0.40 million during the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.28% and a negative return on equity of 30.48%. Equities analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

A number of large investors have recently made changes to their positions in HEPS. JPMorgan Chase & Co. boosted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% during the third quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company's stock valued at $216,000 after acquiring an additional 85,245 shares during the last quarter. BIT Capital GmbH boosted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% during the fourth quarter. BIT Capital GmbH now owns 1,499,495 shares of the company's stock valued at $4,543,000 after acquiring an additional 1,483,304 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company's stock valued at $756,000 after acquiring an additional 5,855 shares during the last quarter. Rangeley Capital LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at $303,000. Finally, Tekne Capital Management LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at $18,786,000. Institutional investors and hedge funds own 40.46% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th.

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.