Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Dassault Systemes SA (OTCMKTS:DASTY) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 33,683 shares, a decrease of 94.3% from the January 29th total of 593,054 shares. Based on an average daily trading volume, of 908,294 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 908,294 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC increased its stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,866 shares of the technology company’s stock after purchasing an additional 951 shares during the quarter. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.03% of the company’s stock.

Dassault Systemes Stock Performance

Shares of OTCMKTS:DASTY traded up $0.97 during trading on Wednesday, reaching $21.50. The company had a trading volume of 684,365 shares, compared to its average volume of 339,540. The firm has a market capitalization of $28.85 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 5.59 and a beta of 0.98. 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 fifty-two week low of $19.18 and a fifty-two week high of $44.18. The stock’s fifty day moving average price is $26.37 and its 200 day moving average price is $29.03.

Analyst Ratings Changes

Several equities research analysts recently commented on DASTY shares. Rothschild & Co Redburn raised Dassault Systemes to a “hold” rating in a report on Friday, January 9th. Kepler Capital Markets upgraded shares of Dassault Systemes to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Citigroup restated a “neutral” rating on shares of Dassault Systemes in a report on Friday, February 20th. Three analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Dassault Systemes Company Profile

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.