Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Down 68.5% in June

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

Institutional Trading of Dassault Systemes

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC grew its stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,866 shares of the technology company’s stock after acquiring an additional 951 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 at the end of the most recent quarter. 0.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DASTY has been the topic of several recent analyst reports. Zacks Research upgraded shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group restated a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th. Finally, The Goldman Sachs Group cut Dassault Systemes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Dassault Systemes Stock Performance

Dassault Systemes stock opened at $20.30 on Friday. The stock’s 50 day moving average price is $22.09 and its 200 day moving average price is $23.48. 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 firm has a market capitalization of $27.24 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 5.95 and a beta of 1.00.

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.