Short Interest in ASM International NV (OTCMKTS:ASMIY) Declines By 48.6%

ASM International NV (OTCMKTS:ASMIY – Get Free Report) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 358 shares, a decrease of 48.6% from the May 31st total of 697 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,965 shares, the days-to-cover ratio is currently 0.0 days.

ASM International Trading Down 1.5%

Shares of ASMIY stock traded down $17.06 during trading hours on Thursday, reaching $1,101.05. The stock had a trading volume of 960 shares, compared to its average volume of 8,666. The stock’s fifty day simple moving average is $1,057.85 and its 200 day simple moving average is $875.07. The firm has a market capitalization of $53.82 billion, a PE ratio of 47.01 and a beta of 1.99. ASM International has a 12 month low of $463.86 and a 12 month high of $1,248.72.

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ASM International (OTCMKTS:ASMIY – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $5.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $944.69 million. As a group, equities research analysts anticipate that ASM International will post 26.75 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Zacks Research downgraded ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Citigroup restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Finally, Barclays reiterated an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on ASMIY

ASM International Company Profile

(Get Free Report)

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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