ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,324 shares, a decrease of 45.8% from the August 15th total of 2,441 shares. Based on an average daily volume of 13,771 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

ASM International Stock Up 1.8%

OTCMKTS ASMIY opened at $883.45 on Thursday. ASM International has a 52 week low of $532.31 and a 52 week high of $1,248.72. The stock has a market capitalization of $43.18 billion, a PE ratio of 34.65 and a beta of 1.99. The firm has a 50 day moving average of $964.40 and a two-hundred day moving average of $961.71.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ASMIY shares. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a research note on Friday, July 17th. Barclays reiterated an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About ASM International

ASM International N.V. is a Netherlands-based semiconductor equipment company that develops and manufactures wafer-processing systems used in the production of advanced integrated circuits. Its equipment is installed in semiconductor fabrication facilities operated by chip manufacturers around the world.

The company’s product portfolio focuses on deposition technologies, including atomic layer deposition (ALD), epitaxy, chemical vapor deposition (CVD) and related processes. These systems help manufacturers deposit extremely thin and precisely controlled layers of materials onto silicon wafers for applications such as logic, memory and other advanced semiconductor devices.

Founded in 1968 by Arthur del Prado, ASM International has played a significant role in the development and commercialization of wafer-processing technologies, particularly ALD.