Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Down 86.8% in December

Dassault Systemes SA (OTCMKTS:DASTY) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 8,554 shares, a drop of 86.8% from the December 15th total of 64,565 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 281,484 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 281,484 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Dassault Systemes Stock Performance

DASTY stock traded up $0.14 during midday trading on Monday, hitting $28.96. 305,304 shares of the company traded hands, compared to its average volume of 193,882. Dassault Systemes has a twelve month low of $26.33 and a twelve month high of $44.18. The stock has a market capitalization of $38.85 billion, a price-to-earnings ratio of 30.48, a price-to-earnings-growth ratio of 6.16 and a beta of 0.98. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. The business has a 50 day simple moving average of $27.58 and a 200-day simple moving average of $31.28.

Institutional Investors Weigh In On Dassault Systemes

A number of hedge funds have recently bought and sold shares of the company. Yousif Capital Management LLC boosted its position in shares of Dassault Systemes by 7.4% in the second quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company’s stock valued at $808,000 after acquiring an additional 1,550 shares during the period. Rhumbline Advisers boosted its holdings in Dassault Systemes by 18.9% in the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company’s stock valued at $795,000 after purchasing an additional 3,306 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Dassault Systemes by 49.7% in the 4th quarter. GAMMA Investing LLC now owns 2,866 shares of the technology company’s stock valued at $80,000 after purchasing an additional 951 shares during the period. 0.03% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DASTY has been the topic of several research reports. Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research report on Thursday, December 11th. Wall Street Zen lowered shares of Dassault Systemes from a “buy” rating to a “hold” rating in a research report on Sunday, September 14th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “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.