Short Interest in Dassault Systemes SA (OTCMKTS:DASTY) Declines By 48.4%

Dassault Systemes SA (OTCMKTS:DASTY) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 78,305 shares, a decrease of 48.4% from the April 15th total of 151,805 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 371,231 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Dassault Systemes

A hedge fund recently bought a new stake in Dassault Systemes stock. Douglass Winthrop Advisors LLC bought a new position in shares of Dassault Systemes SA (OTCMKTS:DASTY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. 0.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on DASTY. The Goldman Sachs Group lowered shares of Dassault Systemes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Kepler Capital Markets upgraded shares of Dassault Systemes to a “strong-buy” rating in a report on Thursday, February 19th. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a report on Friday, February 20th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Dassault Systemes presently has an average rating of “Moderate Buy”.

Dassault Systemes Trading Up 1.6%

Shares of DASTY stock traded up $0.37 during trading hours on Friday, hitting $23.10. 92,864 shares of the company were exchanged, compared to its average volume of 154,745. The firm has a market cap of $31.00 billion, a PE ratio of 21.79, a PEG ratio of 6.31 and a beta of 1.01. Dassault Systemes has a 1 year low of $18.99 and a 1 year high of $39.05. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.13. The firm has a fifty day moving average of $21.32 and a 200 day moving average of $24.72.

About Dassault Systemes

Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.

The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.