Short Interest in ASM International NV (OTCMKTS:ASMIY) Expands By 100.0%

ASM International NV (OTCMKTS:ASMIY) was the recipient of a large growth in short interest during 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 trading volume, of 10,000 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ASMIY shares. Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd. Citigroup raised ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd.

ASM International Trading Down 2.0 %

Shares of ASMIY opened at $546.85 on Thursday. The company’s 50 day simple moving average is $600.39 and its 200-day simple moving average is $665.73. The firm has a market cap of $26.97 billion, a PE ratio of 45.23 and a beta of 1.66. ASM International has a 12-month low of $465.65 and a 12-month high of $813.23.

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