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

ASM International NV (OTCMKTS:ASMIY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,816 shares, an increase of 77.1% from the December 15th total of 1,590 shares. Based on an average trading volume of 9,836 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 9,836 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Zacks Research upgraded shares of ASM International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 23rd. Rothschild Redb cut shares of ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Citigroup reiterated a “buy” rating on shares of ASM International in a research note on Tuesday, October 7th. Jefferies Financial Group downgraded shares of ASM International from a “hold” rating to a “moderate sell” rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research note on Wednesday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

ASM International Price Performance

Shares of OTCMKTS ASMIY opened at $781.52 on Friday. The stock has a market cap of $38.36 billion, a PE ratio of 43.25 and a beta of 1.87. ASM International has a 1 year low of $372.61 and a 1 year high of $793.50. The firm has a fifty day moving average price of $618.45 and a 200-day moving average price of $582.90.

ASM International (OTCMKTS:ASMIY) last released its earnings results on Tuesday, October 28th. The company reported $4.90 earnings per share for the quarter, beating analysts’ consensus estimates of $4.74 by $0.16. ASM International had a net margin of 24.50% and a return on equity of 21.55%. The company had revenue of $932.68 million for the quarter, compared to analysts’ expectations of $814.93 million. On average, research analysts expect that ASM International will post 14.46 EPS for the current year.

About ASM International

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.