ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 3,189 shares, a decrease of 53.7% from the May 14th total of 6,889 shares. Based on an average trading volume of 22,431 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded ASMPT from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, ASMPT currently has a consensus rating of “Strong Buy”.
Read Our Latest Analysis on ASMPT
ASMPT Stock Down 0.9%
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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