ASM International NV (OTCMKTS:ASMIY) Sees Significant Increase in Short Interest

ASM International NV (OTCMKTS:ASMIY) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 10,000 shares, a growth of 733.3% from the October 31st total of 1,200 shares. Based on an average daily trading volume, of 72,800 shares, the short-interest ratio is presently 0.1 days.

ASM International Stock Down 0.2 %

Shares of ASMIY stock traded down $1.07 during trading hours on Friday, hitting $525.93. 3,009 shares of the company’s stock traded hands, compared to its average volume of 23,643. ASM International has a 12-month low of $465.65 and a 12-month high of $813.23. The stock’s fifty day simple moving average is $580.80 and its two-hundred day simple moving average is $656.59. The stock has a market cap of $25.94 billion, a price-to-earnings ratio of 41.51 and a beta of 1.66.

ASM International (OTCMKTS:ASMIY) last posted its earnings results on Tuesday, October 29th. The company reported $2.98 earnings per share for the quarter, missing analysts’ consensus estimates of $4.21 by ($1.23). ASM International had a return on equity of 17.38% and a net margin of 19.98%. The firm had revenue of $855.69 million for the quarter. On average, equities analysts forecast that ASM International will post 14.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ASMIY has been the subject of several research analyst reports. Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd. Citigroup upgraded shares of ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd.

About ASM International

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.