Dassault Systèmes SE (OTCMKTS:DASTY) Sees Significant Decrease in Short Interest

Dassault Systèmes SE (OTCMKTS:DASTY) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 66.7% from the October 15th total of 300 shares. Based on an average daily volume of 305,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dassault Systèmes stock. Rhumbline Advisers boosted its holdings in Dassault Systèmes SE (OTCMKTS:DASTY) by 14.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,278 shares of the technology company’s stock after purchasing an additional 2,103 shares during the quarter. Rhumbline Advisers’ holdings in Dassault Systèmes were worth $615,000 at the end of the most recent quarter. 0.03% of the stock is currently owned by hedge funds and other institutional investors.

Dassault Systèmes Stock Down 2.6 %

Shares of DASTY traded down $0.91 during midday trading on Wednesday, reaching $33.53. The stock had a trading volume of 118,884 shares, compared to its average volume of 125,111. The company has a market cap of $44.88 billion, a price-to-earnings ratio of 36.05, a PEG ratio of 4.30 and a beta of 0.92. The company’s fifty day simple moving average is $37.22 and its two-hundred day simple moving average is $38.20. Dassault Systèmes has a 1-year low of $33.30 and a 1-year high of $53.00. 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 (OTCMKTS:DASTY) last posted its quarterly earnings results on Thursday, October 24th. The technology company reported $0.27 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.27. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Dassault Systèmes had a return on equity of 18.15% and a net margin of 18.31%. Equities research analysts expect that Dassault Systèmes will post 1.24 earnings per share for the current year.

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.