Short Interest in ASM International NV (OTCMKTS:ASMIY) Grows By 668.4%

ASM International NV (OTCMKTS:ASMIY) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,751 shares, an increase of 668.4% from the June 15th total of 358 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 14,796 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

ASMIY has been the topic of a number of recent analyst reports. Zacks Research cut shares of ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Citigroup reiterated a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research note on Friday. Finally, Barclays restated an “overweight” rating on shares of ASM International in a research report on Thursday, June 11th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

ASM International Trading Down 1.0%

Shares of ASMIY stock opened at $1,033.80 on Friday. The stock has a market capitalization of $50.53 billion, a price-to-earnings ratio of 44.14 and a beta of 1.99. ASM International has a 12-month low of $463.86 and a 12-month high of $1,248.72. The stock’s 50-day moving average price is $1,067.50 and its 200-day moving average price is $894.93.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, beating the consensus estimate of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $944.69 million. As a group, research analysts predict that ASM International will post 26.75 EPS for the current fiscal year.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.