Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Dassault Systemes SA (OTCMKTS:DASTY) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 8,554 shares, a decrease of 86.8% from the December 15th total of 64,565 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 281,484 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 281,484 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

DASTY has been the subject of several recent research reports. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research report on Thursday, December 11th. Rothschild Redb upgraded Dassault Systemes to a “hold” rating in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Institutional Investors Weigh In On Dassault Systemes

Several large investors have recently added to or reduced their stakes in DASTY. Yousif Capital Management LLC boosted its holdings in shares of Dassault Systemes by 7.4% in the second quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company’s stock valued at $808,000 after purchasing an additional 1,550 shares during the period. Rhumbline Advisers increased its holdings in Dassault Systemes by 18.9% during the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company’s stock worth $795,000 after purchasing an additional 3,306 shares during the period. Finally, GAMMA Investing LLC raised its position in Dassault Systemes by 49.7% during the 4th quarter. GAMMA Investing LLC now owns 2,866 shares of the technology company’s stock valued at $80,000 after purchasing an additional 951 shares in the last quarter. 0.03% of the stock is owned by hedge funds and other institutional investors.

Dassault Systemes Stock Performance

DASTY stock opened at $28.96 on Tuesday. Dassault Systemes has a twelve month low of $26.33 and a twelve month high of $44.18. The firm has a market cap of $38.85 billion, a price-to-earnings ratio of 30.48, a PEG ratio of 6.16 and a beta of 0.98. The business’s fifty day simple moving average is $27.60 and its two-hundred day simple moving average is $31.23. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.14.

Dassault Systemes Company Profile

Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.

The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.