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

Dassault Systèmes SE (OTCMKTS:DASTY) was the target of a significant decrease in short interest in 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 trading volume of 305,700 shares, the days-to-cover ratio is presently 0.0 days.

Dassault Systèmes Stock Down 1.2 %

Shares of OTCMKTS DASTY traded down $0.43 during mid-day trading on Tuesday, reaching $34.44. 113,486 shares of the company’s stock were exchanged, compared to its average volume of 125,140. 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 firm has a market capitalization of $46.10 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 4.38 and a beta of 0.92. Dassault Systèmes has a twelve month low of $33.62 and a twelve month high of $53.00. The business has a fifty day simple moving average of $37.29 and a 200 day simple moving average of $38.24.

Dassault Systèmes (OTCMKTS:DASTY) last released its quarterly earnings results on Thursday, October 24th. The technology company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Dassault Systèmes had a return on equity of 18.15% and a net margin of 18.31%. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.63 billion. As a group, equities analysts expect that Dassault Systèmes will post 1.24 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dassault Systèmes stock. Rhumbline Advisers boosted its holdings in shares of Dassault Systèmes SE (OTCMKTS:DASTY) by 14.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,278 shares of the technology company’s stock after buying an additional 2,103 shares during the period. Rhumbline Advisers’ holdings in Dassault Systèmes were worth $615,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.03% of the company’s stock.

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.