ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,200 shares, a growth of 100.0% from the October 15th total of 600 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Berenberg Bank raised shares of ASM International to a “strong-buy” rating in a research report on Wednesday, October 2nd. Citigroup raised shares of ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd.

ASM International Trading Up 0.9 %

ASMIY stock opened at $557.86 on Wednesday. The firm has a 50-day moving average price of $601.80 and a 200-day moving average price of $666.57. ASM International has a 12 month low of $465.65 and a 12 month high of $813.23. The stock has a market capitalization of $27.52 billion, a P/E ratio of 46.14 and a beta of 1.66.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $2.98 EPS for the quarter, missing analysts’ consensus estimates of $4.21 by ($1.23). The company had revenue of $855.69 million during the quarter. ASM International had a return on equity of 17.38% and a net margin of 19.98%. As a group, equities analysts predict 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.