Short Interest in Dassault Systèmes SE (OTCMKTS:DASTY) Rises By 4,133.3%

Dassault Systèmes SE (OTCMKTS:DASTY) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 12,700 shares, a growth of 4,133.3% from the December 15th total of 300 shares. Based on an average daily volume of 564,600 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dassault Systèmes stock. Rhumbline Advisers lifted its stake in shares of Dassault Systèmes SE (OTCMKTS:DASTY) by 14.8% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 16,278 shares of the technology company’s stock after buying an additional 2,103 shares during the quarter. Rhumbline Advisers’ holdings in Dassault Systèmes were worth $615,000 as of its most recent SEC filing. Institutional investors own 0.03% of the company’s stock.

Dassault Systèmes Trading Up 0.3 %

Shares of Dassault Systèmes stock opened at $34.93 on Tuesday. Dassault Systèmes has a 12-month low of $32.85 and a 12-month high of $53.00. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average is $34.79 and its 200-day moving average is $36.56. The stock has a market cap of $46.75 billion, a P/E ratio of 37.56, a P/E/G ratio of 5.14 and a beta of 0.91.

Dassault Systèmes (OTCMKTS:DASTY) last released its quarterly earnings data on Thursday, October 24th. The technology company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.63 billion. Dassault Systèmes had a net margin of 18.31% and a return on equity of 18.08%. Equities research analysts predict that Dassault Systèmes will post 1.23 earnings per share for the current fiscal year.

Dassault Systèmes Company Profile

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.