Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Key Points

• Short interest fell sharply — down 55.1% in March to 143,754 shares, representing 0.0% of shares sold short and a short-interest ratio of just 0.2 days based on average volume.
• Analyst sentiment is mixed: one analyst rates DASTY a Strong Buy and three rate it Hold, giving an overall average rating of "Moderate Buy" after recent moves including a Goldman Sachs downgrade and a Kepler upgrade.
• Institutional ownership is very low at 0.03%; GAMMA Investing boosted its stake by 49.7% to 2,866 shares (about $80,000) in the latest 13F filing.

Dassault Systemes SA (OTCMKTS:DASTY - Get Free Report) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 143,754 shares, a drop of 55.1% from the March 15th total of 320,070 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 800,456 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DASTY. Rothschild & Co Redburn raised shares of Dassault Systemes to a "hold" rating in a report on Friday, January 9th. Citigroup reaffirmed a "neutral" rating on shares of Dassault Systemes in a report on Friday, February 20th. The Goldman Sachs Group downgraded shares of Dassault Systemes from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 3rd. Finally, Kepler Capital Markets raised shares of Dassault Systemes to a "strong-buy" rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Hedge Funds Weigh In On Dassault Systemes

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC grew its stake in Dassault Systemes SA (OTCMKTS:DASTY - Free Report) by 49.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 and Exchange Commission. Institutional investors and hedge funds own 0.03% of the company's stock.

Dassault Systemes Trading Down 0.2%

Shares of DASTY stock opened at $19.79 on Friday. Dassault Systemes has a 12-month low of $18.99 and a 12-month high of $39.23. The company has a market capitalization of $26.55 billion, a P/E ratio of 19.59, a P/E/G ratio of 5.46 and a beta of 1.01. The firm has a 50-day moving average price of $21.50 and a 200 day moving average price of $26.50. The company has a quick ratio of 1.55, a current ratio of 1.60 and a debt-to-equity ratio of 0.13.

Dassault Systemes Company Profile

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.

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