ASM International NV (OTCMKTS:ASMIY) Short Interest Up 77.1% in December

ASM International NV (OTCMKTS:ASMIY) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 2,816 shares, a growth of 77.1% from the December 15th total of 1,590 shares. Based on an average trading volume of 9,836 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,836 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ASMIY shares. Citigroup restated a “buy” rating on shares of ASM International in a research note on Tuesday, October 7th. Jefferies Financial Group cut shares of ASM International from a “hold” rating to a “moderate sell” rating in a research report on Tuesday. Zacks Research raised ASM International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 23rd. Rothschild Redb cut ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a report on Wednesday, September 24th. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, ASM International has an average rating of “Buy”.

ASM International Price Performance

Shares of ASMIY stock opened at $801.02 on Friday. The firm has a fifty day moving average of $622.03 and a two-hundred day moving average of $584.01. The firm has a market cap of $39.32 billion, a P/E ratio of 44.33 and a beta of 1.87. ASM International has a 1-year low of $372.61 and a 1-year high of $802.89.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $4.90 EPS for the quarter, topping the consensus estimate of $4.74 by $0.16. The business had revenue of $932.68 million for the quarter, compared to analysts’ expectations of $814.93 million. ASM International had a net margin of 24.50% and a return on equity of 21.55%. On average, sell-side analysts expect 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.