Dassault Systemes SA (OTCMKTS:DASTY) Sees Large Increase in Short Interest

Dassault Systemes SA (OTCMKTS:DASTY) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 123,401 shares, an increase of 1,242.6% from the June 15th total of 9,191 shares. Based on an average daily volume of 636,924 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Dassault Systemes Stock Up 0.0%

Shares of DASTY stock traded up $0.01 during trading on Friday, hitting $20.83. 166,137 shares of the company were exchanged, compared to its average volume of 246,819. The business’s 50-day simple moving average is $21.81 and its 200 day simple moving average is $23.03. Dassault Systemes has a twelve month low of $18.99 and a twelve month high of $38.15. The firm has a market capitalization of $27.95 billion, a price-to-earnings ratio of 15.20, a P/E/G ratio of 6.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 1.70.

Institutional Investors Weigh In On Dassault Systemes

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

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DASTY. Zacks Research upgraded Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Jefferies Financial Group reissued a “buy” rating on shares of Dassault Systemes in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Dassault Systemes presently has a consensus rating of “Moderate Buy”.

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.