Short Interest in ASM International NV (OTCMKTS:ASMIY) Declines By 65.6%

ASM International NV (OTCMKTS:ASMIY) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 1,100 shares, a decline of 65.6% from the May 15th total of 3,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 39,300 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

ASMIY has been the subject of several recent research reports. Hsbc Global Res raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 2nd. Barclays raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 3rd. HSBC raised shares of ASM International to a “buy” rating in a research report on Friday, May 2nd. Finally, UBS Group raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 21st. One investment analyst has rated the stock with a hold rating, two have given a buy rating and five have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASM International presently has an average rating of “Strong Buy” and a consensus target price of $561.00.

ASM International Trading Down 1.7%

Shares of OTCMKTS ASMIY opened at $597.57 on Friday. The stock has a fifty day simple moving average of $517.58 and a two-hundred day simple moving average of $539.14. ASM International has a 1-year low of $372.61 and a 1-year high of $813.23. The firm has a market cap of $29.34 billion, a price-to-earnings ratio of 49.43 and a beta of 1.82.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $4.11 EPS for the quarter, missing analysts’ consensus estimates of $4.23 by ($0.12). ASM International had a net margin of 19.98% and a return on equity of 17.10%. The firm had revenue of $955.30 million for the quarter, compared to analysts’ expectations of $1 billion. Analysts forecast that ASM International will post 14.46 EPS for the current year.

ASM International Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Friday, May 16th were given a dividend of $2.6456 per share. This represents a yield of 0.49%. The ex-dividend date of this dividend was Thursday, May 15th. This is a positive change from ASM International’s previous dividend of $2.56. ASM International’s dividend payout ratio (DPR) is currently 26.75%.

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.