Dassault Systemes SA (OTCMKTS:DASTY) Stock Short Interest Rises 95.6%

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

Dassault Systemes Trading Up 0.6%

Shares of OTCMKTS:DASTY opened at $28.24 on Friday. The company has a market capitalization of $37.90 billion, a PE ratio of 24.56, a PEG ratio of 5.33 and a beta of 0.99. Dassault Systemes has a 12-month low of $18.99 and a 12-month high of $29.07. The business has a 50 day moving average of $25.12 and a two-hundred 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.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on DASTY shares. Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Dassault Systemes in a research note on Tuesday, September 1st. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Dassault Systemes in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Institutional Investors Weigh In On Dassault Systemes

An institutional investor recently bought a new stake in Dassault Systemes stock. CHICAGO TRUST Co NA bought a new stake in Dassault Systemes SA (OTCMKTS:DASTY) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,937 shares of the technology company’s stock, valued at approximately $278,000. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Dassault Systemes Company Profile

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.