ASM International NV (OTCMKTS:ASMIY) Short Interest Down 60.0% in October

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 600 shares, a drop of 60.0% from the September 30th total of 1,500 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is presently 0.1 days.

ASM International Stock Up 0.1 %

Shares of OTCMKTS:ASMIY traded up $0.55 during trading on Monday, reaching $562.86. 4,300 shares of the company’s stock traded hands, compared to its average volume of 4,984. The company has a 50-day simple moving average of $627.89 and a 200-day simple moving average of $671.00. The firm has a market cap of $27.76 billion, a PE ratio of 47.14 and a beta of 1.64. ASM International has a fifty-two week low of $400.59 and a fifty-two week high of $813.23.

Analyst Ratings Changes

A number of brokerages have issued reports on ASMIY. Citigroup raised ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd. Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd.

About ASM International

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.