Short Interest in Dassault Systèmes SE (OTCMKTS:DASTY) Drops By 66.7%

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

Dassault Systèmes Stock Performance

DASTY traded down $0.43 on Tuesday, reaching $34.44. The stock had a trading volume of 113,486 shares, compared to its average volume of 125,140. Dassault Systèmes has a 12-month low of $33.62 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. The business’s 50-day moving average price is $37.29 and its two-hundred day moving average price is $38.24. The company has a market cap of $46.10 billion, a P/E ratio of 37.49, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92.

Dassault Systèmes (OTCMKTS:DASTY) last posted its earnings results on Thursday, October 24th. The technology company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Dassault Systèmes had a net margin of 18.31% and a return on equity of 18.15%. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.63 billion. Sell-side analysts forecast that Dassault Systèmes will post 1.24 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Dassault Systèmes stock. Hantz Financial Services Inc. bought a new position in shares of Dassault Systèmes SE (OTCMKTS:DASTY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 75,381 shares of the technology company’s stock, valued at approximately $2,849,000. 0.03% of the stock is owned by institutional investors.

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.