ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 1,300 shares, a growth of 62.5% from the June 15th total of 800 shares. Based on an average trading volume of 7,800 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Morgan Stanley raised shares of ASM International from an “equal weight” rating to an “overweight” rating in a report on Thursday, June 20th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

ASM International Trading Down 0.9 %

Shares of ASM International stock traded down $7.39 during trading on Friday, reaching $788.20. The company’s stock had a trading volume of 3,722 shares, compared to its average volume of 4,323. The company has a 50-day moving average price of $728.20 and a two-hundred day moving average price of $635.14. ASM International has a fifty-two week low of $375.35 and a fifty-two week high of $813.23. The firm has a market cap of $38.88 billion, a PE ratio of 66.01 and a beta of 1.65.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $3.93 earnings per share for the quarter. ASM International had a net margin of 21.27% and a return on equity of 18.35%. The firm had revenue of $693.81 million for the quarter. On average, analysts predict that ASM International will post 17.19 earnings per share for the current fiscal year.

ASM International Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 22nd. Investors of record on Thursday, May 16th were given a $2.5568 dividend. This is a positive change from ASM International’s previous dividend of $2.27. The ex-dividend date of this dividend was Wednesday, May 15th. ASM International’s dividend payout ratio (DPR) is 21.11%.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company's products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.