Short Interest in ASMPT Limited (OTCMKTS:ASMVF) Increases By 65.8%

ASMPT Limited (OTCMKTS:ASMVF) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 89,651 shares, a growth of 65.8% from the May 14th total of 54,068 shares. Based on an average daily volume of 594 shares, the days-to-cover ratio is currently 150.9 days.

ASMPT Stock Performance

ASMVF opened at $26.75 on Wednesday. The business has a fifty day simple moving average of $20.73 and a 200 day simple moving average of $15.53. ASMPT has a 1 year low of $6.80 and a 1 year high of $26.75.

ASMPT Company Profile

ASM Pacific Technology Holdings Limited, traded under the OTCMKTS ticker ASMVF, is a global supplier of assembly and packaging equipment and related consumables for the semiconductor and electronics industries. The company designs, manufactures and delivers high-precision machinery that enables automated placement, soldering and inspection processes in electronic device production.

Through its Surface Mount Technology (SMT) segment, ASMPT offers a broad portfolio of pick-and-place machines, reflow soldering ovens, automated optical inspection systems and software platforms that support high-volume printed circuit board assembly.