Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Dassault Systemes SA (OTCMKTS:DASTY) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 9,191 shares, a decline of 68.5% from the May 31st total of 29,201 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 308,910 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DASTY. The Goldman Sachs Group downgraded shares of Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Zacks Research raised shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Dassault Systemes Price Performance

Dassault Systemes stock opened at $20.30 on Monday. Dassault Systemes has a one year low of $18.99 and a one year high of $38.49. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 1.70. The business has a fifty day moving average of $22.09 and a two-hundred day moving average of $23.46. The company has a market cap of $27.24 billion, a P/E ratio of 19.15, a price-to-earnings-growth ratio of 5.95 and a beta of 1.00.

Institutional Trading of Dassault Systemes

An institutional investor recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC boosted its stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,866 shares of the technology company’s stock after buying 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. 0.03% of the stock is owned by institutional investors and hedge funds.

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.