ASMPT Limited (OTCMKTS:ASMVY) Short Interest Up 690.9% in May

ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 6,889 shares, an increase of 690.9% from the April 30th total of 871 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 57,641 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of ASMPT from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Get ASMPT alerts:

Check Out Our Latest Research Report on ASMVY

ASMPT Price Performance

OTCMKTS:ASMVY opened at $74.49 on Friday. ASMPT has a 1-year low of $19.94 and a 1-year high of $81.00. The firm has a fifty day simple moving average of $55.75 and a 200 day simple moving average of $42.45.

ASMPT Company Profile

(Get Free Report)

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.

Further Reading

• Five stocks we like better than ASMPT
• Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
• Salesforce Stock Finds Support as AI Momentum Builds
• Dollar Tree Keeps Winning After Family Dollar Divorce
• Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet

Receive News & Ratings for ASMPT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASMPT and related companies with MarketBeat.com's FREE daily email newsletter.