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

Dassault Systèmes SE (OTCMKTS:DASTYGet Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 2,200 shares, a decrease of 72.5% from the June 15th total of 8,000 shares. Based on an average trading volume of 238,700 shares, the short-interest ratio is currently 0.0 days.

Dassault Systèmes Price Performance

Shares of OTCMKTS DASTY traded up $0.19 on Thursday, hitting $36.77. The company’s stock had a trading volume of 90,693 shares, compared to its average volume of 137,324. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.72 and a quick ratio of 1.72. The stock has a 50 day moving average of $39.60 and a 200-day moving average of $43.69. Dassault Systèmes has a 12-month low of $35.62 and a 12-month high of $53.00. The company has a market capitalization of $49.21 billion, a price-to-earnings ratio of 41.32, a price-to-earnings-growth ratio of 3.23 and a beta of 0.91.

Dassault Systèmes (OTCMKTS:DASTYGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. Dassault Systèmes had a return on equity of 18.30% and a net margin of 17.96%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. As a group, research analysts predict that Dassault Systèmes will post 1.29 EPS for the current year.

Dassault Systèmes Increases Dividend

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

Hedge Funds Weigh In On Dassault Systèmes

Several institutional investors and hedge funds have recently modified their holdings of the company. Riverbridge Partners LLC acquired a new position in Dassault Systèmes in the fourth quarter valued at $220,000. Sandhill Capital Partners LLC acquired a new position in shares of Dassault Systèmes during the 4th quarter valued at about $223,000. Yousif Capital Management LLC grew its holdings in Dassault Systèmes by 6.4% in the fourth 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 period. Finally, Fisher Asset Management LLC increased its position in Dassault Systèmes by 3.5% during 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 during the last quarter. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Dassault Systèmes Company Profile

(Get Free Report)

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.

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