ASM International NV (OTCMKTS:ASMIY) Short Interest Down 48.6% in June

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 358 shares, a decrease of 48.6% from the May 31st total of 697 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 10,965 shares, the days-to-cover ratio is presently 0.0 days.

ASM International Trading Up 4.3%

OTCMKTS ASMIY opened at $1,130.62 on Tuesday. The firm has a market capitalization of $55.26 billion, a PE ratio of 48.28 and a beta of 2.01. The business’s 50-day moving average price is $1,049.49 and its two-hundred day moving average price is $868.16. ASM International has a 12 month low of $463.86 and a 12 month high of $1,248.72.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $5.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.58 by $1.29. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $944.69 million. ASM International had a return on equity of 20.41% and a net margin of 31.07%. As a group, analysts forecast that ASM International will post 25.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ASMIY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Zacks Research upgraded shares of ASM International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 25th. Barclays reaffirmed an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. Finally, Citigroup reiterated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.