ASM International NV (OTCMKTS:ASMIY) Short Interest Down 57.1% in January

ASM International NV (OTCMKTS:ASMIY) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,800 shares, a decrease of 57.1% from the December 31st total of 4,200 shares. Based on an average daily trading volume, of 7,800 shares, the days-to-cover ratio is presently 0.2 days.

ASM International Price Performance

Shares of ASMIY stock traded up $13.23 during trading hours on Thursday, hitting $553.84. The stock had a trading volume of 3,973 shares, compared to its average volume of 4,446. The firm has a market capitalization of $27.19 billion, a PE ratio of 45.81 and a beta of 1.60. ASM International has a twelve month low of $510.81 and a twelve month high of $813.23. The stock’s 50 day moving average is $578.66 and its 200 day moving average is $608.74.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $2.98 earnings per share for the quarter, missing the consensus estimate of $4.21 by ($1.23). The firm had revenue of $855.69 million during the quarter. ASM International had a net margin of 19.98% and a return on equity of 17.10%. As a group, equities analysts predict that ASM International will post 14.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.