ASMPT Limited (OTCMKTS:ASMVY) Short Interest Update

ASMPT Limited (OTCMKTS:ASMVY) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 3,007 shares, a decrease of 63.0% from the July 15th total of 8,133 shares. Based on an average daily volume of 25,772 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Zacks Research upgraded ASMPT from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, ASMPT presently has a consensus rating of “Strong Buy”.

ASMPT Stock Performance

OTCMKTS ASMVY traded down $0.26 during midday trading on Friday, hitting $67.84. The company had a trading volume of 13,609 shares, compared to its average volume of 12,007. The firm has a fifty day simple moving average of $69.50 and a two-hundred day simple moving average of $57.07. ASMPT has a fifty-two week low of $25.17 and a fifty-two week high of $93.58.

About ASMPT

ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.

ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.