ASM International NV (OTCMKTS:ASMIY) Short Interest Up 176.5% in March

ASM International NV (OTCMKTS:ASMIYGet Free Report) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 4,700 shares, an increase of 176.5% from the February 28th total of 1,700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 21,400 shares, the days-to-cover ratio is presently 0.2 days.

ASM International Price Performance

Shares of ASM International stock opened at $474.66 on Friday. The business has a 50 day simple moving average of $551.28 and a two-hundred day simple moving average of $572.67. The stock has a market capitalization of $23.30 billion, a P/E ratio of 39.26 and a beta of 1.67. ASM International has a 12 month low of $446.01 and a 12 month high of $813.23.

ASM International (OTCMKTS:ASMIYGet Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $5.01 EPS for the quarter, topping analysts’ consensus estimates of $4.14 by $0.87. The company had revenue of $863.04 million for the quarter, compared to the consensus estimate of $865.31 million. ASM International had a net margin of 19.98% and a return on equity of 17.10%. As a group, research analysts anticipate that ASM International will post 14.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on ASMIY

ASM International Company Profile

(Get Free Report)

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.

Further Reading

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