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

1stdibs.Com, Inc. (NASDAQ:DIBS) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 425,200 shares, a growth of 23.9% from the November 30th total of 343,200 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily volume of 126,600 shares, the short-interest ratio is currently 3.4 days.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reissued a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

1stdibs.Com Stock Down 0.3 %

NASDAQ DIBS traded down $0.01 on Tuesday, hitting $3.63. The company’s stock had a trading volume of 24,277 shares, compared to its average volume of 124,325. The firm has a market cap of $132.54 million, a PE ratio of -8.64 and a beta of 0.94. The company’s 50-day moving average is $3.91 and its 200 day moving average is $4.31. 1stdibs.Com has a 1-year low of $3.37 and a 1-year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last posted its earnings results on Friday, November 8th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.02). The business had revenue of $21.19 million for the quarter, compared to the consensus estimate of $21.61 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. During the same period in the previous year, the firm earned ($0.08) earnings per share. On average, equities analysts expect that 1stdibs.Com will post -0.52 EPS for the current year.

Insider Buying and Selling at 1stdibs.Com

In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of 1stdibs.Com stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $3.94, for a total value of $47,287.88. Following the sale, the insider now directly owns 12,477 shares in the company, valued at approximately $49,159.38. The trade was a 49.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 15,088 shares of company stock valued at $61,175. Corporate insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On 1stdibs.Com

Hedge funds and other institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. bought a new stake in shares of 1stdibs.Com in the second quarter valued at $54,000. SG Americas Securities LLC bought a new position in 1stdibs.Com during the third quarter worth about $56,000. Pitcairn Co. bought a new stake in shares of 1stdibs.Com in the third quarter valued at approximately $65,000. Panagora Asset Management Inc. bought a new position in 1stdibs.Com in the 2nd quarter worth approximately $74,000. Finally, Garden State Investment Advisory Services LLC bought a new stake in 1stdibs.Com during the 3rd quarter valued at $93,000. 66.97% of the stock is owned by hedge funds and other institutional investors.

1stdibs.Com Company Profile

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.