Short Interest in Dassault Systèmes SE (OTCMKTS:DASTY) Declines By 76.9%

Dassault Systèmes SE (OTCMKTS:DASTY) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 300 shares, a drop of 76.9% from the November 30th total of 1,300 shares. Based on an average trading volume of 253,100 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Dassault Systèmes

A hedge fund recently raised its stake in Dassault Systèmes stock. Rhumbline Advisers raised its stake in shares of Dassault Systèmes SE (OTCMKTS:DASTY) by 14.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,278 shares of the technology company’s stock after acquiring 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 institutional investors and hedge funds.

Dassault Systèmes Stock Performance

DASTY traded up $0.04 during trading on Thursday, hitting $34.90. 76,864 shares of the stock were exchanged, compared to its average volume of 133,700. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $46.71 billion, a P/E ratio of 37.53, a PEG ratio of 5.18 and a beta of 0.91. The stock has a fifty day moving average price of $34.82 and a two-hundred day moving average price of $36.89. Dassault Systèmes has a 1-year low of $32.85 and a 1-year high of $53.00.

Dassault Systèmes (OTCMKTS:DASTY) last issued its quarterly earnings results on Thursday, October 24th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.63 billion. Dassault Systèmes had a net margin of 18.31% and a return on equity of 18.08%. As a group, sell-side analysts predict that Dassault Systèmes will post 1.23 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.