Dassault Systèmes SE (OTCMKTS:DASTY) Short Interest Update

Dassault Systèmes SE (OTCMKTS:DASTY) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 8,400 shares, a decrease of 7.7% from the August 15th total of 9,100 shares. Based on an average daily trading volume, of 104,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Dassault Systèmes

Hedge funds have recently modified their holdings of the stock. Riverbridge Partners LLC lifted its holdings in shares of Dassault Systèmes by 23.4% during 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 last quarter. Rhumbline Advisers lifted its holdings in shares of Dassault Systèmes by 14.8% during the second quarter. Rhumbline Advisers now owns 16,278 shares of the technology company’s stock valued at $615,000 after purchasing an additional 2,103 shares during the last quarter. Hantz Financial Services Inc. purchased a new stake in shares of Dassault Systèmes during the second quarter valued at $2,849,000. Finally, Fisher Asset Management LLC lifted its holdings in shares of Dassault Systèmes by 3.5% during the fourth quarter. Fisher Asset Management LLC now owns 89,352 shares of the technology company’s stock valued at $4,366,000 after purchasing an additional 3,001 shares during the last quarter. 0.03% of the stock is owned by hedge funds and other institutional investors.

Dassault Systèmes Price Performance

Shares of Dassault Systèmes stock traded down $0.24 during trading on Tuesday, hitting $39.17. The stock had a trading volume of 50,121 shares, compared to its average volume of 132,600. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a market cap of $52.43 billion, a P/E ratio of 44.28, a PEG ratio of 3.59 and a beta of 0.90. The business has a fifty day moving average of $37.62 and a two-hundred day moving average of $40.16. Dassault Systèmes has a fifty-two week low of $35.62 and a fifty-two week high of $53.00.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings data on Thursday, July 25th. The technology company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. Dassault Systèmes had a net margin of 18.50% and a return on equity of 18.53%. On average, sell-side analysts expect that Dassault Systèmes will post 1.25 earnings per share for the current fiscal 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.