Short Interest in Dassault Systemes SA (OTCMKTS:DASTY) Increases By 427.6%

Dassault Systemes SA (OTCMKTS:DASTY) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 593,054 shares, an increase of 427.6% from the January 15th total of 112,398 shares. Based on an average trading volume of 511,765 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 511,765 shares, the days-to-cover ratio is presently 1.2 days.

Analyst Upgrades and Downgrades

A number of research firms have commented on DASTY. Rothschild & Co Redburn raised shares of Dassault Systemes to a “hold” rating in a research report on Friday, January 9th. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research note on Thursday, December 11th. Two investment 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, the stock presently has a consensus rating of “Buy”.

Institutional Trading of Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. Yousif Capital Management LLC increased its holdings in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 7.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,389 shares of the technology company’s stock after buying an additional 1,550 shares during the quarter. Yousif Capital Management LLC’s holdings in Dassault Systemes were worth $808,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.03% of the stock is currently owned by hedge funds and other institutional investors.

Dassault Systemes Stock Performance

DASTY stock opened at $26.82 on Wednesday. Dassault Systemes has a one year low of $25.94 and a one year high of $44.18. The firm has a market cap of $35.98 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 6.13 and a beta of 0.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.55 and a current ratio of 1.55. The firm has a 50-day simple moving average of $27.71 and a two-hundred day simple moving average of $29.88.

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.