ASM International NV (OTCMKTS:ASMIY) Sees Large Drop in Short Interest

ASM International NV (OTCMKTS:ASMIY) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,641 shares, a decrease of 41.7% from the December 31st total of 2,816 shares. Based on an average trading volume of 10,854 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,854 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

ASMIY has been the topic of a number of analyst reports. Citigroup reaffirmed a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Morgan Stanley restated an “overweight” rating on shares of ASM International in a report on Friday, January 16th. Rothschild Redb downgraded shares of ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Jefferies Financial Group downgraded shares of ASM International from a “hold” rating to a “moderate sell” rating in a report on Tuesday, January 13th. Finally, Barclays reaffirmed an “overweight” rating on shares of ASM International in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

ASM International Trading Down 0.6%

Shares of OTCMKTS ASMIY opened at $852.53 on Friday. The stock has a market cap of $41.85 billion, a price-to-earnings ratio of 47.18 and a beta of 1.87. The company has a 50 day simple moving average of $667.38 and a two-hundred day simple moving average of $598.60. ASM International has a 12 month low of $372.61 and a 12 month high of $875.64.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings results on Tuesday, October 28th. The company reported $4.90 earnings per share for the quarter, topping the consensus estimate of $4.74 by $0.16. The company had revenue of $932.68 million for the quarter, compared to the consensus estimate of $814.93 million. ASM International had a return on equity of 21.55% and a net margin of 24.50%. Analysts forecast that ASM International will post 14.46 EPS for the current 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.