ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 1,205 shares, a growth of 174.5% from the March 31st total of 439 shares. Based on an average daily volume of 11,350 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

ASM International Trading Up 2.8%

ASMIY opened at $1,018.61 on Friday. The company’s 50 day moving average is $834.31 and its 200 day moving average is $727.16. The company has a market cap of $49.79 billion, a price-to-earnings ratio of 43.49 and a beta of 1.92. ASM International has a 12-month low of $463.86 and a 12-month high of $1,023.76.

ASM International (OTCMKTS:ASMIY) last announced its earnings results on Tuesday, April 21st. The company reported $5.87 EPS for the quarter, beating analysts’ consensus estimates of $4.58 by $1.29. ASM International had a net margin of 31.07% and a return on equity of 20.41%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $944.69 million. As a group, analysts predict that ASM International will post 19.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ASMIY. Jefferies Financial Group cut shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, February 18th. Zacks Research upgraded shares of ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research note on Thursday. Finally, BNP Paribas Exane upgraded ASM International to an “outperform” rating in a research report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

About ASM International

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.