Dassault Systèmes SE (OTCMKTS:DASTY) Short Interest Down 59.4% in June

Dassault Systèmes SE (OTCMKTS:DASTY) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 8,000 shares, a decline of 59.4% from the May 31st total of 19,700 shares. Based on an average daily trading volume, of 199,300 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Riverbridge Partners LLC lifted its position 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 buying an additional 1,050 shares during the last quarter. Yousif Capital Management LLC raised its position in shares of Dassault Systèmes by 6.4% in the 4th quarter. Yousif Capital Management LLC now owns 23,366 shares of the technology company’s stock valued at $1,142,000 after purchasing an additional 1,400 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Dassault Systèmes by 3.5% in the 4th 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. Finally, Sandhill Capital Partners LLC purchased a new position in shares of Dassault Systèmes in the 4th quarter valued at approximately $223,000. 0.03% of the stock is currently owned by institutional investors.

Dassault Systèmes Trading Up 1.0 %

OTCMKTS DASTY traded up $0.38 on Friday, hitting $37.79. 77,414 shares of the stock were exchanged, compared to its average volume of 105,884. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a fifty day moving average price of $40.10 and a two-hundred day moving average price of $44.35. The firm has a market capitalization of $50.58 billion, a P/E ratio of 32.86, a P/E/G ratio of 3.18 and a beta of 0.93. Dassault Systèmes has a 52-week low of $35.62 and a 52-week high of $53.00.

Dassault Systèmes (OTCMKTS:DASTY) last posted its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Dassault Systèmes had a net margin of 17.96% and a return on equity of 18.30%. Research analysts forecast that Dassault Systèmes will post 1.29 EPS for the current fiscal year.

Dassault Systèmes Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, May 23rd were issued a $0.2491 dividend. The ex-dividend date was Wednesday, May 22nd. This is a boost from Dassault Systèmes’s previous dividend of $0.19. Dassault Systèmes’s dividend payout ratio is presently 21.35%.

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.