Dassault Aviation société anonyme (OTCMKTS:DUAVF) Sees Large Increase in Short Interest

Dassault Aviation société anonyme (OTCMKTS:DUAVF) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 10,814 shares, an increase of 28.4% from the February 12th total of 8,420 shares. Based on an average daily volume of 786 shares, the days-to-cover ratio is currently 13.8 days. Based on an average daily volume of 786 shares, the days-to-cover ratio is currently 13.8 days.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Sanford C. Bernstein cut shares of Dassault Aviation société anonyme to a “market perform” rating in a research note on Tuesday, January 6th. Citigroup restated a “buy” rating on shares of Dassault Aviation société anonyme in a research note on Friday, January 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Dassault Aviation société anonyme in a report on Friday, January 30th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Dassault Aviation société anonyme Price Performance

DUAVF opened at $406.55 on Tuesday. Dassault Aviation société anonyme has a 12 month low of $285.00 and a 12 month high of $425.30. The business has a 50 day simple moving average of $387.69 and a 200-day simple moving average of $345.63.

About Dassault Aviation société anonyme

Dassault Aviation société anonyme is a French aerospace company specializing in the design, manufacture and support of military combat aircraft and business jets. The company operates two primary divisions: a defense arm that develops and produces fighter and unmanned combat vehicles, and a civil aviation arm known for its Falcon family of high-performance executive aircraft. Dassault Aviation serves both national armed forces and corporate operators worldwide, offering turnkey solutions that include aircraft sales, maintenance, training and mission support services.

Founded in 1929 by aeronautical engineer Marcel Bloch (later known as Marcel Dassault), the company established its reputation in military aviation with iconic programs such as the Mirage series of jet fighters.