Short Interest in ASM International NV (OTCMKTS:ASMIY) Grows By 733.3%

ASM International NV (OTCMKTS:ASMIY) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 10,000 shares, an increase of 733.3% from the October 31st total of 1,200 shares. Based on an average daily trading volume, of 72,800 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Several equities analysts have recently commented on ASMIY shares. Berenberg Bank upgraded shares of 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 research note on Wednesday, October 2nd.

ASM International Price Performance

OTCMKTS ASMIY opened at $525.93 on Thursday. The company has a market cap of $25.94 billion, a P/E ratio of 43.50 and a beta of 1.66. The stock has a 50-day moving average of $583.45 and a two-hundred day moving average of $657.50. ASM International has a 1-year low of $465.65 and a 1-year high of $813.23.

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

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.