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

ASM International NV (OTCMKTS:ASMIY) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 2,300 shares, an increase of 27.8% from the January 15th total of 1,800 shares. Based on an average daily trading volume, of 20,400 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, BNP Paribas initiated coverage on shares of ASM International in a report on Tuesday, December 3rd. They issued a “neutral” rating and a $561.00 price target on the stock.

ASM International Trading Up 0.2 %

ASM International stock opened at $600.44 on Friday. ASM International has a 1-year low of $510.81 and a 1-year high of $813.23. The firm has a market capitalization of $29.48 billion, a price-to-earnings ratio of 49.66 and a beta of 1.60. The firm has a 50 day simple moving average of $589.62 and a 200 day simple moving average of $597.91.

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.