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

1stdibs.Com, Inc. (NASDAQ:DIBS) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 489,600 shares, a decline of 8.3% from the September 30th total of 534,100 shares. Based on an average daily trading volume, of 82,300 shares, the short-interest ratio is presently 5.9 days. Approximately 1.7% of the shares of the stock are short sold.

1stdibs.Com Stock Down 1.2 %

Shares of 1stdibs.Com stock traded down $0.05 during trading hours on Thursday, reaching $4.17. 67,313 shares of the company’s stock were exchanged, compared to its average volume of 118,330. The business has a fifty day moving average of $4.57 and a two-hundred day moving average of $4.84. The company has a market capitalization of $165.52 million, a P/E ratio of -11.91 and a beta of 0.98. 1stdibs.Com has a 1 year low of $3.81 and a 1 year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.01). The company had revenue of $22.24 million during the quarter, compared to analyst estimates of $21.70 million. 1stdibs.Com had a negative net margin of 16.28% and a negative return on equity of 10.93%. During the same period in the prior year, the business posted ($0.21) EPS. As a group, research analysts predict that 1stdibs.Com will post -0.47 EPS for the current year.

Insider Buying and Selling

In other 1stdibs.Com news, insider Matthew Rubinger sold 5,422 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $4.63, for a total transaction of $25,103.86. Following the completion of the transaction, the insider now owns 32,611 shares of the company’s stock, valued at $150,988.93. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have sold 8,508 shares of company stock worth $38,991. Insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On 1stdibs.Com

Several hedge funds have recently bought and sold shares of the company. American Century Companies Inc. acquired a new position in shares of 1stdibs.Com during the second quarter worth $54,000. SG Americas Securities LLC acquired a new stake in shares of 1stdibs.Com in the third quarter valued at about $56,000. Panagora Asset Management Inc. purchased a new stake in 1stdibs.Com during the second quarter worth $74,000. Virtu Financial LLC increased its holdings in 1stdibs.Com by 23.8% during the 1st quarter. Virtu Financial LLC now owns 12,436 shares of the company’s stock valued at $74,000 after acquiring an additional 2,389 shares in the last quarter. Finally, Rhumbline Advisers raised its position in shares of 1stdibs.Com by 6,785.5% during the 2nd 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 last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

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.