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

ASM International NV (OTCMKTS:ASMIY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,590 shares, a growth of 169.9% from the November 30th total of 589 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 14,626 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 14,626 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ASMIY. Zacks Research upgraded ASM International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research note on Wednesday, September 24th. Rothschild Redb cut ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Citigroup reiterated a “buy” rating on shares of ASM International in a research note on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, ASM International currently has a consensus rating of “Buy”.

ASM International Stock Performance

ASM International stock opened at $608.38 on Friday. The company has a market capitalization of $29.87 billion, a PE ratio of 33.67 and a beta of 1.90. The company has a 50 day moving average price of $605.30 and a 200-day moving average price of $575.33. ASM International has a fifty-two week low of $372.61 and a fifty-two week high of $661.33.

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

ASM International Company Profile

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.