Dassault Systemes SA (OTCMKTS:DASTY) Stock Short Interest Report for October

Dassault Systemes SA (OTCMKTS:DASTY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 286,528 shares, an increase of 95.6% from the September 30th total of 146,487 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 288,445 shares, the days-to-cover ratio is currently 1.0 days.

Dassault Systemes Stock Performance

Dassault Systemes stock traded up $0.41 during trading hours on Monday, reaching $28.65. 132,442 shares of the company were exchanged, compared to its average volume of 250,521. Dassault Systemes has a 12 month low of $18.99 and a 12 month high of $29.07. The stock has a 50-day moving average of $25.12 and a 200 day moving average of $23.23. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.23. The firm has a market cap of $38.45 billion, a price-to-earnings ratio of 24.91, a PEG ratio of 4.32 and a beta of 0.99.

Wall Street Analysts Forecast Growth

DASTY has been the topic of a number of research reports. Jefferies Financial Group restated an “underperform” rating on shares of Dassault Systemes in a report on Wednesday. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Dassault Systemes in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Institutional Trading of Dassault Systemes

An institutional investor recently bought a new stake in Dassault Systemes stock. CHICAGO TRUST Co NA bought a new stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 11,937 shares of the technology company’s stock, valued at approximately $278,000. 0.03% of the stock is owned by institutional investors and hedge funds.

About Dassault Systemes

Dassault Systèmes SE is a France-based software company that develops three-dimensional design, engineering, simulation, manufacturing, and product-lifecycle management solutions. Its technologies help organizations create, test, manufacture, and manage products and processes in virtual environments.

The company’s principal offering is the 3DEXPERIENCE platform, which connects design, engineering, simulation, manufacturing, and collaboration tools. Its portfolio includes CATIA for computer-aided design and engineering, SOLIDWORKS for 3D design, SIMULIA for simulation, DELMIA for manufacturing and operations, ENOVIA for product lifecycle management, and BIOVIA for scientific modeling and materials science.