ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 6,900 shares, an increase of 86.5% from the September 15th total of 3,700 shares. Based on an average trading volume of 13,700 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 13,700 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group cut shares of ASM International to a “hold” rating in a research report on Thursday, June 26th. Citigroup reissued a “buy” rating on shares of ASM International in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research report on Wednesday, September 24th. Finally, Zacks Research raised shares of ASM International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 23rd. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, ASM International currently has an average rating of “Buy” and an average price target of $561.00.

ASM International Stock Performance

Shares of OTCMKTS:ASMIY opened at $636.51 on Tuesday. The company has a 50-day simple moving average of $548.68 and a 200-day simple moving average of $541.83. ASM International has a one year low of $372.61 and a one year high of $660.67. The stock has a market capitalization of $31.25 billion, a price-to-earnings ratio of 54.03 and a beta of 1.95.

ASM International (OTCMKTS:ASMIY) last announced its earnings results on Tuesday, July 22nd. The company reported $3.99 EPS for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.76). ASM International had a net margin of 16.36% and a return on equity of 20.14%. The business had revenue of $979.62 million during the quarter, compared to analysts’ expectations of $966.88 million. As a group, research analysts forecast that ASM International will post 14.46 EPS for the current fiscal year.

About ASM International

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.