D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Down 30.2% in December

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 470,900 shares, a decrease of 30.2% from the November 30th total of 674,800 shares. Based on an average daily volume of 1,720,000 shares, the short-interest ratio is currently 0.3 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HEPS. Mackenzie Financial Corp purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter valued at approximately $29,000. Cubist Systematic Strategies LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth $34,000. Flow Traders U.S. LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth $44,000. Dynamic Technology Lab Private Ltd bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth $47,000. Finally, GAMMA Investing LLC grew its position in shares of 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. Institutional investors own 40.46% of the company’s stock.

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

Shares of HEPS stock traded down $0.15 on Friday, hitting $3.26. 237,778 shares of the stock were exchanged, compared to its average volume of 824,172. D-Market Elektronik Hizmetler ve Ticaret A.S. has a one year low of $1.25 and a one year high of $4.05. The firm’s 50 day moving average is $3.15 and its two-hundred day moving average is $2.80. The firm has a market capitalization of $917.31 million, a PE ratio of -21.73 and a beta of 2.46. 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. 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.