Dassault Systèmes SE (OTCMKTS:DASTY) Short Interest Down 87.9% in March

Dassault Systèmes SE (OTCMKTS:DASTY) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 6,100 shares, a decrease of 87.9% from the March 15th total of 50,300 shares. Based on an average trading volume of 142,500 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Dassault Systèmes

A hedge fund recently raised its stake in Dassault Systèmes stock. Boston Common Asset Management LLC lifted its holdings in shares of Dassault Systèmes SE (OTCMKTS:DASTY) by 38.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,184 shares of the technology company’s stock after purchasing an additional 11,066 shares during the quarter. Boston Common Asset Management LLC’s holdings in Dassault Systèmes were worth $1,517,000 at the end of the most recent quarter. Institutional investors own 0.03% of the company’s stock.

Dassault Systèmes Price Performance

OTCMKTS DASTY traded up $0.14 on Monday, hitting $37.13. 101,539 shares of the company were exchanged, compared to its average volume of 116,558. Dassault Systèmes has a 1-year low of $32.85 and a 1-year high of $44.18. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $40.58 and a two-hundred day moving average of $37.48. The company has a market cap of $49.70 billion, a P/E ratio of 37.89, a P/E/G ratio of 3.83 and a beta of 0.95.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.04). Dassault Systèmes had a return on equity of 18.50% and a net margin of 19.29%. On average, equities analysts predict that Dassault Systèmes will post 1.31 EPS for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Dassault Systèmes from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 3rd.

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.