1stdibs.Com, Inc. (NASDAQ:DIBS) Short Interest Up 23.9% in December

by · The Markets Daily

1stdibs.Com, Inc. (NASDAQ:DIBS – Get Free Report) 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.

Analyst Ratings Changes

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

Read Our Latest Stock Report on 1stdibs.Com

Insider Buying and Selling at 1stdibs.Com

In related news, insider Matthew Rubinger sold 12,002 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $3.94, for a total transaction of $47,287.88. Following the sale, the insider now owns 12,477 shares in the company, valued at approximately $49,159.38. This represents a 49.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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

Several large investors have recently modified their holdings of the business. Bank of New York Mellon Corp acquired a new position in 1stdibs.Com in the second quarter valued at approximately $333,000. Panagora Asset Management Inc. acquired a new position in shares of 1stdibs.Com during the 2nd quarter valued at $74,000. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV bought a new position in 1stdibs.Com during the second quarter worth $354,000. Rhumbline Advisers grew its holdings in 1stdibs.Com by 6,785.5% in the second quarter. Rhumbline Advisers now owns 25,201 shares of the company’s stock worth $113,000 after purchasing an additional 24,835 shares during the period. Finally, Acadian Asset Management LLC increased its stake in 1stdibs.Com by 99.6% in the second quarter. Acadian Asset Management LLC now owns 260,626 shares of the company’s stock valued at $1,167,000 after purchasing an additional 130,082 shares in the last quarter. Institutional investors own 66.97% of the company’s stock.

1stdibs.Com Trading Up 0.5 %

NASDAQ DIBS traded up $0.02 during trading on Tuesday, reaching $3.66. The company’s stock had a trading volume of 9,077 shares, compared to its average volume of 124,266. The firm has a 50 day moving average price of $3.91 and a 200 day moving average price of $4.31. 1stdibs.Com has a 12 month low of $3.37 and a 12 month high of $6.30. The firm has a market capitalization of $133.64 million, a price-to-earnings ratio of -8.71 and a beta of 0.94.

1stdibs.Com (NASDAQ:DIBS – Get Free Report) last posted its quarterly earnings results on Friday, November 8th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. The company had revenue of $21.19 million during the quarter, compared to analyst estimates of $21.61 million. During the same period last year, the firm earned ($0.08) EPS. On average, equities analysts forecast that 1stdibs.Com will post -0.52 EPS for the current fiscal year.

About 1stdibs.Com

(Get Free Report)

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.

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