Dassault Systèmes SE (OTCMKTS:DASTY) Short Interest Down 40.9% in July

Dassault Systèmes SE (OTCMKTS:DASTY) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 1,300 shares, a drop of 40.9% from the June 30th total of 2,200 shares. Based on an average daily volume of 174,800 shares, the short-interest ratio is presently 0.0 days.

Dassault Systèmes Price Performance

Shares of Dassault Systèmes stock traded up $1.65 during trading on Friday, reaching $38.13. 197,612 shares of the stock traded hands, compared to its average volume of 108,296. The company has a market capitalization of $51.03 billion, a price-to-earnings ratio of 42.84, a P/E/G ratio of 3.38 and a beta of 0.91. The business has a fifty day simple moving average of $38.82 and a two-hundred day simple moving average of $42.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.72 and a quick ratio of 1.72. Dassault Systèmes has a 52-week low of $35.62 and a 52-week high of $53.00.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28. Dassault Systèmes had a net margin of 18.50% and a return on equity of 18.53%. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. Sell-side analysts expect that Dassault Systèmes will post 1.27 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DASTY. Sandhill Capital Partners LLC bought a new stake in Dassault Systèmes in the fourth quarter worth about $223,000. Riverbridge Partners LLC bought a new stake in Dassault Systèmes in the fourth quarter worth about $220,000. Fisher Asset Management LLC lifted its stake in Dassault Systèmes by 3.5% in the fourth quarter. Fisher Asset Management LLC now owns 89,352 shares of the technology company’s stock worth $4,366,000 after purchasing an additional 3,001 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its stake in Dassault Systèmes by 6.4% in the fourth quarter. Yousif Capital Management LLC now owns 23,366 shares of the technology company’s stock worth $1,142,000 after purchasing an additional 1,400 shares during the last quarter. Institutional investors own 0.03% of the company’s stock.

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.