ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 600 shares, a decrease of 94.0% from the November 15th total of 10,000 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 0.1 days.

ASM International Stock Performance

Shares of OTCMKTS ASMIY traded up $0.16 during mid-day trading on Wednesday, reaching $547.74. The company had a trading volume of 3,385 shares, compared to its average volume of 6,476. The company has a market capitalization of $27.02 billion, a price-to-earnings ratio of 45.31 and a beta of 1.61. The stock has a fifty day moving average of $564.84 and a two-hundred day moving average of $646.99. ASM International has a 12-month low of $465.65 and a 12-month high of $813.23.

ASM International (OTCMKTS:ASMIY) last released its earnings results on Tuesday, October 29th. The company reported $2.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.21 by ($1.23). ASM International had a return on equity of 17.38% and a net margin of 19.98%. The company had revenue of $855.69 million during the quarter. Sell-side analysts forecast that ASM International will post 14.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on ASMIY. Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas began coverage on ASM International in a research report on Tuesday, December 3rd. They set a “neutral” rating and a $561.00 price objective for the company. Finally, Citigroup upgraded ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd.

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.