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

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

Dassault Systèmes Stock Performance

Shares of Dassault Systèmes stock traded down $0.24 during trading hours on Tuesday, reaching $39.17. The company’s 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 quick ratio of 1.72 and a current ratio of 1.72. Dassault Systèmes has a one year low of $35.62 and a one year high of $53.00. The company’s 50 day simple moving average is $37.62 and its 200 day simple moving average is $40.16. The stock has a market cap of $52.43 billion, a P/E ratio of 44.28, a price-to-earnings-growth ratio of 3.59 and a beta of 0.90.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings results on Thursday, July 25th. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. As a group, analysts expect that Dassault Systèmes will post 1.25 EPS for the current fiscal year.

Institutional Trading of Dassault Systèmes

Several hedge funds have recently bought and sold shares of DASTY. Fisher Asset Management LLC grew its stake in shares of Dassault Systèmes by 3.5% in the fourth 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 in the last quarter. Hantz Financial Services Inc. bought a new stake in shares of Dassault Systèmes during the 2nd quarter worth about $2,849,000. Rhumbline Advisers lifted its stake in shares of 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 acquiring an additional 2,103 shares during the period. Finally, Riverbridge Partners LLC boosted its holdings in shares of Dassault Systèmes by 23.4% in the first quarter. Riverbridge Partners LLC now owns 5,534 shares of the technology company’s stock valued at $245,000 after acquiring an additional 1,050 shares in the last quarter. 0.03% of the stock is currently 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.