ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 871 shares, a growth of 222.6% from the April 15th total of 270 shares. Based on an average daily volume of 33,486 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of ASMPT from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, ASMPT currently has an average rating of “Strong Buy”.
View Our Latest Analysis on ASMVY
ASMPT Stock Performance
About ASMPT
ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.
ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.
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