ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 316 shares, a decline of 63.7% from the September 30th total of 870 shares. Based on an average daily trading volume, of 8,881 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of ASMPT from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, ASMPT has an average rating of “Hold”.
Read Our Latest Analysis on ASMVY
ASMPT Trading Down 5.2%
Shares of ASMVY opened at $45.05 on Thursday. ASMPT has a one year low of $27.25 and a one year high of $93.58. The stock has a 50 day moving average price of $59.63 and a 200 day moving average price of $56.74.
About ASMPT
ASMPT Limited, formerly known as ASM Pacific Technology Limited, is a Hong Kong-based supplier of equipment and solutions used in semiconductor and electronics manufacturing. The company serves customers across the semiconductor assembly and packaging, surface-mount technology (SMT), and electronics production industries.
Its Semiconductor Solutions business provides equipment for processes such as die bonding, wire bonding, advanced packaging, and other semiconductor assembly applications.
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