ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 7,938 shares, an increase of 219.8% from the February 26th total of 2,482 shares. Based on an average daily trading volume, of 14,543 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,543 shares, the short-interest ratio is presently 0.5 days.

ASM International Price Performance

Shares of OTCMKTS ASMIY opened at $787.70 on Wednesday. The stock has a market capitalization of $38.67 billion, a P/E ratio of 46.04 and a beta of 1.91. ASM International has a one year low of $372.61 and a one year high of $877.36. The firm’s 50 day simple moving average is $817.77 and its two-hundred day simple moving average is $682.18.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported $4.02 earnings per share for the quarter, topping analysts’ consensus estimates of $3.37 by $0.65. ASM International had a net margin of 23.51% and a return on equity of 19.77%. The firm had revenue of $808.18 million during the quarter, compared to analyst estimates of $815.67 million. As a group, equities analysts expect that ASM International will post 14.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on ASMIY shares. Barclays restated an “overweight” rating on shares of ASM International in a research report on Monday, January 26th. Jefferies Financial Group lowered shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, February 18th. Citigroup restated a “buy” rating on shares of ASM International in a research report on Tuesday, January 20th. BNP Paribas Exane raised ASM International to an “outperform” rating in a research note on Monday, February 2nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.