Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Dassault Systemes SA (OTCMKTS:DASTY) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 584,435 shares, a growth of 1,635.1% from the February 12th total of 33,683 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 877,161 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 877,161 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC increased its stake in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,866 shares of the technology company’s stock after purchasing an additional 951 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Dassault Systemes Stock Down 3.3%

DASTY traded down $0.70 during trading on Tuesday, reaching $20.80. The company had a trading volume of 682,324 shares, compared to its average volume of 385,822. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 1.55. Dassault Systemes has a 12 month low of $19.18 and a 12 month high of $43.53. The business’s fifty day moving average price is $25.27 and its 200 day moving average price is $28.42. The company has a market cap of $27.91 billion, a P/E ratio of 20.59, a PEG ratio of 5.98 and a beta of 1.01.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Citigroup reissued a “neutral” rating on shares of Dassault Systemes in a research note on Friday, February 20th. Rothschild & Co Redburn upgraded shares of Dassault Systemes to a “hold” rating in a report on Friday, January 9th. Kepler Capital Markets raised shares of Dassault Systemes to a “strong-buy” rating in a report on Thursday, February 19th. Finally, The Goldman Sachs Group cut shares of Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average 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.