ASM International NV (OTCMKTS:ASMIY) Sees Large Increase in Short Interest

ASM International NV (OTCMKTS:ASMIY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 4,700 shares, a growth 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 trading volume of 21,400 shares, the short-interest ratio is currently 0.2 days.

ASM International Stock Performance

Shares of ASMIY opened at $466.76 on Friday. The stock has a market capitalization of $22.91 billion, a P/E ratio of 38.61 and a beta of 1.67. ASM International has a 1 year low of $446.01 and a 1 year high of $813.23. The company’s fifty day moving average is $547.80 and its two-hundred day moving average is $571.75.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $5.01 EPS for the quarter, beating analysts’ consensus estimates of $4.14 by $0.87. ASM International had a net margin of 19.98% and a return on equity of 17.10%. The firm had revenue of $863.04 million during the quarter, compared to the consensus estimate of $865.31 million. Sell-side analysts predict that ASM International will post 14.46 EPS for the current year.

Wall Street Analyst Weigh In

Separately, BNP Paribas started coverage on ASM International in a report on Tuesday, December 3rd. They issued a “neutral” rating and a $561.00 price target for the company.

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.