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

Dassault Systèmes SE (OTCMKTS:DASTY) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 300 shares, a decline 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 currently 0.0 days.

Dassault Systèmes Stock Performance

Shares of DASTY stock traded up $0.04 on Thursday, hitting $34.90. 76,864 shares of the stock traded hands, compared to its average volume of 133,700. The company has a market capitalization of $46.71 billion, a PE ratio of 37.53, a PEG ratio of 5.18 and a beta of 0.91. The company’s fifty day moving average is $34.82 and its 200 day moving average is $36.89. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.93 and a quick ratio of 1.93. Dassault Systèmes has a 1-year low of $32.85 and a 1-year high of $53.00.

Dassault Systèmes (OTCMKTS:DASTY) last posted 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. Dassault Systèmes had a net margin of 18.31% and a return on equity of 18.08%. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.63 billion. On average, equities research analysts predict that Dassault Systèmes will post 1.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Dassault Systèmes

A hedge fund recently raised its stake in Dassault Systèmes stock. Rhumbline Advisers boosted its holdings in Dassault Systèmes SE (OTCMKTS:DASTY) by 14.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm 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. 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.