Short Interest in AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (OTCMKTS:ASAAF) Drops By 54.6%

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (OTCMKTS:ASAAF) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,030 shares, a drop of 54.6% from the May 31st total of 6,667 shares. Based on an average daily volume of 410 shares, the days-to-cover ratio is currently 7.4 days.

Wall Street Analysts Forecast Growth

ASAAF has been the topic of a number of research reports. Oddo Bhf upgraded shares of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft to a “neutral” rating in a research report on Monday, June 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft in a research report on Tuesday, June 16th. Finally, Cantor Fitzgerald began coverage on shares of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft in a research note on Thursday, May 7th. They set an “overweight” rating for the company. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Price Performance

Shares of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft stock opened at C$212.59 on Monday. The business has a fifty day simple moving average of C$151.13 and a 200 day simple moving average of C$83.98. AT & S Austria Technologie & Systemtechnik Aktiengesellschaft has a 12 month low of C$22.47 and a 12 month high of C$261.24.

About AT & S Austria Technologie & Systemtechnik Aktiengesellschaft

AT&S Austria Technologie & Systemtechnik Aktiengesellschaft (OTCMKTS: ASAAF) is a leading European manufacturer of high-end printed circuit boards (PCBs) and advanced packaging substrates. Headquartered in Leoben, Austria, the company specializes in the design, development and production of rigid and flex-rigid circuit boards, high density interconnect (HDI) PCBs and multi-layer structures tailored for demanding applications across various industries.

The company’s core product portfolio includes HDI boards, rigid-flex solutions, advanced IC substrates and mid-to-high layer count PCBs.