ASM International NV (OTCMKTS:ASMIY) Short Interest Up 500.0% in January

ASM International NV (OTCMKTS:ASMIY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,200 shares, an increase of 500.0% from the December 31st total of 700 shares. Based on an average daily volume of 10,800 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Several brokerages have recently issued reports on ASMIY. Citigroup upgraded ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd. Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, 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 objective on the stock.

ASM International Trading Down 4.0 %

ASMIY traded down $22.29 on Tuesday, reaching $540.61. The stock had a trading volume of 2,942 shares, compared to its average volume of 11,067. The business’s 50-day moving average price is $577.61 and its two-hundred day moving average price is $610.98. The company has a market cap of $26.54 billion, a P/E ratio of 44.72 and a beta of 1.60. ASM International has a 12-month low of $510.81 and a 12-month high of $813.23.

ASM International (OTCMKTS:ASMIY) last posted its earnings results on Tuesday, October 29th. The company reported $2.98 EPS for the quarter, missing analysts’ consensus estimates of $4.21 by ($1.23). The business had revenue of $855.69 million for the quarter. ASM International had a net margin of 19.98% and a return on equity of 17.10%. As a group, analysts predict that ASM International will post 14.46 earnings per share for the current year.

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.