Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Dassault Systemes SA (OTCMKTS:DASTY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 112,398 shares, an increase of 1,214.0% from the December 31st total of 8,554 shares. Based on an average daily trading volume, of 370,191 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 370,191 shares, the days-to-cover ratio is presently 0.3 days.

Dassault Systemes Trading Up 0.6%

Shares of DASTY stock traded up $0.17 during mid-day trading on Wednesday, reaching $28.59. The stock had a trading volume of 26,123 shares, compared to its average volume of 175,744. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.14. The stock’s 50-day moving average price is $27.76 and its two-hundred day moving average price is $30.56. The firm has a market capitalization of $38.36 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 6.57 and a beta of 0.98. Dassault Systemes has a 52-week low of $26.33 and a 52-week high of $44.18.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC increased its stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,866 shares of the technology company’s stock after acquiring an additional 951 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 as of its most recent filing with the Securities & Exchange Commission. 0.03% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on DASTY. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research note on Thursday, December 11th. Rothschild Redb raised shares of Dassault Systemes to a “hold” rating in a research note on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Dassault Systemes

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.