Short Interest in Dassault Systèmes SE (OTCMKTS:DASTY) Increases By 81.6%

Dassault Systèmes SE (OTCMKTS:DASTY) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 50,300 shares, an increase of 81.6% from the February 28th total of 27,700 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 209,900 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

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

Dassault Systèmes Price Performance

Shares of DASTY stock traded down $0.60 during trading hours on Friday, hitting $39.19. 118,333 shares of the company’s stock were exchanged, compared to its average volume of 112,925. The stock’s 50-day moving average is $40.98 and its 200-day moving average is $37.72. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.93 and a quick ratio of 1.93. Dassault Systèmes has a 52 week low of $32.85 and a 52 week high of $45.13. The stock has a market cap of $52.45 billion, a price-to-earnings ratio of 39.99, a price-to-earnings-growth ratio of 3.83 and a beta of 0.90.

Dassault Systèmes (OTCMKTS:DASTY) last released its earnings results on Tuesday, February 4th. The technology company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). Dassault Systèmes had a return on equity of 18.50% and a net margin of 19.29%. As a group, research analysts forecast that Dassault Systèmes will post 1.31 EPS for the current 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.