From MarketBeat:

Dassault Systèmes SE experienced a dramatic decrease in short interest last December, with only 4,300 shares shorted, compared to 12,400 shares earlier that month.

Shares of Dassault Systèmes stock traded at $47.84 on Thursday, and the company has a market cap of $63.96 billion. The company reported earnings of $0.28 per share on $1.55 billion in revenue for the latest quarter.

Several research firms have upgraded Dassault Systèmes’ ratings, with BNP Paribas and JPMorgan Chase & Co. both issuing favorable opinions.

Institutional investors have been actively trading Dassault Systèmes’ stock, with various firms both increasing and decreasing their stakes in the company.

Dassault Systèmes offers software solutions and services globally, including design, engineering, and product lifecycle management software.

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Read more: Dassault Systèmes SE (OTCMKTS:DASTY) Sees Significant Decrease in Short Interest