Short Interest in ASM International NV (OTCMKTS:ASMIY) Rises By 500.0%

ASM International NV (OTCMKTS:ASMIY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 4,200 shares, a growth of 500.0% from the December 31st total of 700 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 0.4 days.

ASM International Price Performance

Shares of ASMIY opened at $553.84 on Thursday. The company has a market cap of $27.19 billion, a P/E ratio of 45.81 and a beta of 1.60. The stock has a fifty day moving average price of $578.66 and a 200 day moving average price of $608.74. ASM International has a 12 month low of $510.81 and a 12 month high of $813.23.

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

Analyst Upgrades and Downgrades

ASMIY has been the subject of a number of research analyst reports. Berenberg Bank upgraded ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd. Citigroup upgraded ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, BNP Paribas started coverage on ASM International in a research note on Tuesday, December 3rd. They set a “neutral” rating and a $561.00 price objective 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.