ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 600 shares, a drop of 94.0% from the November 15th total of 10,000 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

ASMIY has been the topic of a number of analyst reports. Citigroup raised ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas initiated coverage on ASM International in a report on Tuesday, December 3rd. They set a “neutral” rating and a $561.00 price target on the stock. Finally, Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd.

ASM International Price Performance

Shares of OTCMKTS ASMIY traded up $0.16 during trading hours on Wednesday, hitting $547.74. 3,385 shares of the company’s stock were exchanged, compared to its average volume of 6,476. The stock has a market capitalization of $27.02 billion, a price-to-earnings ratio of 45.31 and a beta of 1.61. The company’s 50-day moving average price is $564.84 and its 200-day moving average price is $646.99. ASM International has a 1-year low of $465.65 and a 1-year high of $813.23.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $2.98 EPS for the quarter, missing analysts’ consensus estimates of $4.21 by ($1.23). ASM International had a net margin of 19.98% and a return on equity of 17.38%. The company had revenue of $855.69 million for the quarter. On average, research analysts expect 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.