Dassault Systèmes SE (OTCMKTS:DASTY) Sees Large Increase in Short Interest

Dassault Systèmes SE (OTCMKTS:DASTY) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 12,800 shares, a growth of 52.4% from the August 31st total of 8,400 shares. Based on an average daily volume of 148,300 shares, the short-interest ratio is currently 0.1 days.

Dassault Systèmes Price Performance

Shares of Dassault Systèmes stock traded up $1.38 during trading on Friday, reaching $40.98. The company’s stock had a trading volume of 38,603 shares, compared to its average volume of 129,574. Dassault Systèmes has a one year low of $35.62 and a one year high of $53.00. The stock has a 50-day moving average price of $38.07 and a two-hundred day moving average price of $39.90. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $54.85 billion, a P/E ratio of 46.04, a price-to-earnings-growth ratio of 3.60 and a beta of 0.90.

Dassault Systèmes (OTCMKTS:DASTY) last announced its earnings results 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). The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. Dassault Systèmes had a return on equity of 18.53% and a net margin of 18.50%. As a group, sell-side analysts anticipate that Dassault Systèmes will post 1.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Riverbridge Partners LLC grew its position in shares of Dassault Systèmes by 23.4% during the 1st quarter. Riverbridge Partners LLC now owns 5,534 shares of the technology company’s stock worth $245,000 after buying an additional 1,050 shares during the period. Rhumbline Advisers boosted its stake in Dassault Systèmes by 14.8% in the second 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. Hantz Financial Services Inc. bought a new stake in shares of Dassault Systèmes during the 2nd quarter valued at $2,849,000. Finally, Fisher Asset Management LLC raised its position in shares of Dassault Systèmes by 3.5% during the 4th quarter. Fisher Asset Management LLC now owns 89,352 shares of the technology company’s stock valued at $4,366,000 after acquiring an additional 3,001 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.