Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Down 86.8% in December

Dassault Systemes SA (OTCMKTS:DASTY) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 8,554 shares, a drop of 86.8% from the December 15th total of 64,565 shares. Based on an average daily trading volume, of 281,484 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 281,484 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DASTY. GAMMA Investing LLC boosted its stake in shares of Dassault Systemes by 49.7% in the 4th quarter. GAMMA Investing LLC now owns 2,866 shares of the technology company’s stock valued at $80,000 after purchasing an additional 951 shares in the last quarter. Rhumbline Advisers lifted its holdings in Dassault Systemes by 18.9% during the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company’s stock valued at $795,000 after purchasing an additional 3,306 shares during the last quarter. Finally, Yousif Capital Management LLC grew its stake in Dassault Systemes by 7.4% during the second quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company’s stock worth $808,000 after buying an additional 1,550 shares during the last quarter. 0.03% of the stock is owned by institutional investors.

Dassault Systemes Price Performance

Shares of DASTY stock traded up $0.14 during trading hours on Monday, hitting $28.96. The company had a trading volume of 305,304 shares, compared to its average volume of 193,882. Dassault Systemes has a 12 month low of $26.33 and a 12 month high of $44.18. 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’s fifty day moving average is $27.58 and its 200 day moving average is $31.28. The firm has a market capitalization of $38.85 billion, a price-to-earnings ratio of 30.48, a PEG ratio of 6.16 and a beta of 0.98.

Analyst Ratings Changes

DASTY has been the subject of several recent research reports. Wall Street Zen cut Dassault Systemes from a “buy” rating to a “hold” rating in a report on Sunday, September 14th. Citigroup restated a “neutral” rating on shares of Dassault Systemes in a research note on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Dassault Systemes has an average 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.