D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Sees Significant Increase in Short Interest

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 176,300 shares, a growth of 9.5% from the March 15th total of 161,000 shares. Based on an average daily volume of 359,100 shares, the short-interest ratio is currently 0.5 days.

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

NASDAQ:HEPS traded down $0.02 during mid-day trading on Tuesday, hitting $1.31. The stock had a trading volume of 250,239 shares, compared to its average volume of 366,357. D-Market Elektronik Hizmetler ve Ticaret A.S. has a twelve month low of $0.90 and a twelve month high of $1.89. The stock has a market cap of $427.06 million, a price-to-earnings ratio of 132.63 and a beta of 2.61. The company’s 50 day simple moving average is $1.52 and its 200 day simple moving average is $1.48. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 1.07.

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

Several hedge funds have recently bought and sold shares of HEPS. Envestnet Asset Management Inc. acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 1st quarter valued at about $55,000. State Street Corp acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the first quarter worth approximately $117,000. Jane Street Group LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the first quarter worth approximately $72,000. Capital Group International Inc. CA lifted its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.7% during the first quarter. Capital Group International Inc. CA now owns 3,369,580 shares of the company’s stock worth $7,649,000 after acquiring an additional 530,811 shares during the last quarter. Finally, Capital International Sarl lifted its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 19.5% during the first quarter. Capital International Sarl now owns 339,306 shares of the company’s stock worth $770,000 after acquiring an additional 55,273 shares during the last quarter. 40.46% of the stock is currently owned by institutional investors and hedge funds.

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.