Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Dassault Systemes SA (OTCMKTS:DASTY) saw a large drop in short interest in February. As of February 13th, there was short interest totaling 33,683 shares, a drop of 94.3% from the January 29th total of 593,054 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 908,294 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 908,294 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Dassault Systemes

A hedge fund recently bought a new stake in Dassault Systemes stock. Douglass Winthrop Advisors LLC purchased a new position in shares of Dassault Systemes SA (OTCMKTS:DASTY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. Institutional investors own 0.03% of the company’s stock.

Analyst Ratings Changes

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

Dassault Systemes Trading Up 1.3%

Shares of DASTY stock traded up $0.28 on Thursday, hitting $21.78. The stock had a trading volume of 1,159,288 shares, compared to its average volume of 358,156. The company’s 50 day moving average price is $26.25 and its 200-day moving average price is $28.98. 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 1 year low of $19.18 and a 1 year high of $44.18. The firm has a market capitalization of $29.22 billion, a P/E ratio of 21.56, a P/E/G ratio of 5.66 and a beta of 0.98.

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.