Short Interest in Dassault Systèmes SE (OTCMKTS:DASTY) Grows By 378.9%

Dassault Systèmes SE (OTCMKTS:DASTY) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 9,100 shares, a growth of 378.9% from the July 31st total of 1,900 shares. Based on an average trading volume of 197,500 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Dassault Systèmes

A number of institutional investors have recently made changes to their positions in DASTY. Fisher Asset Management LLC raised its position in Dassault Systèmes by 3.5% in the 4th 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 period. Hantz Financial Services Inc. purchased a new position in Dassault Systèmes in the 2nd quarter worth $2,849,000. Yousif Capital Management LLC raised its position in Dassault Systèmes by 6.4% in the 4th 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 period. Rhumbline Advisers raised its position in Dassault Systèmes by 14.8% in the 2nd quarter. Rhumbline Advisers now owns 16,278 shares of the technology company’s stock worth $615,000 after purchasing an additional 2,103 shares during the period. Finally, Riverbridge Partners LLC raised its position in Dassault Systèmes by 23.4% in the 1st quarter. Riverbridge Partners LLC now owns 5,534 shares of the technology company’s stock worth $245,000 after purchasing an additional 1,050 shares during the period. Institutional investors own 0.03% of the company’s stock.

Dassault Systèmes Price Performance

Shares of OTCMKTS:DASTY traded up $0.27 during trading on Tuesday, reaching $38.35. The company had a trading volume of 28,962 shares, compared to its average volume of 136,702. The company has a fifty day moving average of $37.42 and a two-hundred day moving average of $41.02. The stock has a market capitalization of $51.32 billion, a P/E ratio of 43.08, a price-to-earnings-growth ratio of 3.39 and a beta of 0.91. Dassault Systèmes has a 12 month low of $35.62 and a 12 month high of $53.00. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.25.

Dassault Systèmes (OTCMKTS:DASTY) last issued its quarterly earnings results on Thursday, July 25th. The technology company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.62 billion. Dassault Systèmes had a return on equity of 18.53% and a net margin of 18.50%. Equities research analysts forecast that Dassault Systèmes will post 1.25 earnings per share for the current year.

About Dassault Systèmes

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.