ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 10,000 shares, a growth of 733.3% from the October 31st total of 1,200 shares. Based on an average trading volume of 72,800 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Citigroup raised shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd. Berenberg Bank raised ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd.

ASM International Stock Down 0.2 %

Shares of ASMIY opened at $525.93 on Thursday. The firm’s fifty day moving average is $583.45 and its two-hundred day moving average is $657.50. The stock has a market cap of $25.94 billion, a PE ratio of 43.50 and a beta of 1.66. ASM International has a 52-week low of $465.65 and a 52-week high of $813.23.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $2.98 earnings per share 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 return on equity of 17.38% and a net margin of 19.98%. As a group, research analysts anticipate that ASM International will post 14.46 earnings per share for the current year.

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.