Short Interest in Dassault Systèmes SE (OTCMKTS:DASTY) Decreases By 95.3%

Dassault Systèmes SE (OTCMKTS:DASTY) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 600 shares, a drop of 95.3% from the September 15th total of 12,800 shares. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is currently 0.0 days.

Dassault Systèmes Stock Performance

Dassault Systèmes stock traded down $0.02 during mid-day trading on Friday, reaching $37.19. The company’s stock had a trading volume of 45,414 shares, compared to its average volume of 125,203. The company has a market capitalization of $49.78 billion, a P/E ratio of 40.01, a PEG ratio of 3.35 and a beta of 0.91. The firm’s fifty day moving average price is $38.36 and its two-hundred day moving average price is $39.43. Dassault Systèmes has a 12-month low of $35.62 and a 12-month high of $53.00. 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 (OTCMKTS:DASTY) last released its quarterly earnings data on Thursday, July 25th. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Dassault Systèmes had a net margin of 18.50% and a return on equity of 18.53%. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. Sell-side analysts predict that Dassault Systèmes will post 1.26 EPS for the current fiscal year.

Hedge Funds Weigh In On Dassault Systèmes

A number of large investors have recently modified their holdings of the company. Fisher Asset Management LLC raised its position 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 buying an additional 3,001 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in shares of Dassault Systèmes in the 2nd quarter valued at about $2,849,000. Finally, Rhumbline Advisers boosted its position in shares of Dassault Systèmes by 14.8% during the 2nd quarter. Rhumbline Advisers now owns 16,278 shares of the technology company’s stock valued at $615,000 after acquiring an additional 2,103 shares during 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.