ASM International NV (OTCMKTS:ASMIY – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 3,475 shares, an increase of 284.8% from the July 15th total of 903 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 25,720 shares, the short-interest ratio is currently 0.1 days.
ASM International Stock Up 1.5%
ASMIY opened at $1,032.32 on Thursday. The firm has a 50-day moving average price of $1,043.03 and a 200-day moving average price of $940.44. ASM International has a twelve month low of $463.86 and a twelve month high of $1,248.72. The company has a market capitalization of $50.46 billion, a price-to-earnings ratio of 40.48 and a beta of 2.00.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on ASMIY. Citigroup reissued a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a research note on Thursday, July 30th. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a report on Friday, July 17th. Zacks Research raised ASM International from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Barclays restated an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, ASM International 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.
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