Dassault Systèmes SE (OTCMKTS:DASTY) Short Interest Down 59.4% in June

Dassault Systèmes SE (OTCMKTS:DASTY) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 8,000 shares, a decrease of 59.4% from the May 31st total of 19,700 shares. Based on an average daily volume of 199,300 shares, the days-to-cover ratio is currently 0.0 days.

Dassault Systèmes Trading Up 1.0 %

Shares of Dassault Systèmes stock traded up $0.38 during mid-day trading on Friday, hitting $37.79. The stock had a trading volume of 75,914 shares, compared to its average volume of 139,811. The firm has a market cap of $50.58 billion, a P/E ratio of 42.46, a price-to-earnings-growth ratio of 3.18 and a beta of 0.93. Dassault Systèmes has a 12-month low of $35.62 and a 12-month high of $53.00. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average of $40.10 and a two-hundred day moving average of $44.38.

Dassault Systèmes (OTCMKTS:DASTY) last issued its quarterly earnings data on Thursday, April 25th. The technology company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Dassault Systèmes had a net margin of 17.96% and a return on equity of 18.30%. Sell-side analysts forecast that Dassault Systèmes will post 1.29 earnings per share for the current year.

Dassault Systèmes Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, May 23rd were paid a dividend of $0.2491 per share. This is a boost from Dassault Systèmes’s previous dividend of $0.19. The ex-dividend date was Wednesday, May 22nd. Dassault Systèmes’s dividend payout ratio is 21.35%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Fisher Asset Management LLC increased its stake in Dassault Systèmes by 3.5% during the 4th quarter. Fisher Asset Management LLC now owns 89,352 shares of the technology company’s stock worth $4,366,000 after buying an additional 3,001 shares during the period. Yousif Capital Management LLC increased its position in shares of Dassault Systèmes by 6.4% during the fourth quarter. Yousif Capital Management LLC now owns 23,366 shares of the technology company’s stock worth $1,142,000 after acquiring an additional 1,400 shares during the period. Riverbridge Partners LLC boosted its holdings in Dassault Systèmes by 23.4% in the first quarter. Riverbridge Partners LLC now owns 5,534 shares of the technology company’s stock valued at $245,000 after purchasing an additional 1,050 shares during the period. Finally, Sandhill Capital Partners LLC purchased a new stake in Dassault Systèmes during the 4th quarter worth about $223,000. 0.03% of the stock is currently owned by hedge funds and other institutional investors.

Dassault Systèmes Company Profile

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.