ASM International NV (OTCMKTS:ASMIY) Sees Significant Growth in Short Interest

ASM International NV (OTCMKTS:ASMIY – Get Rating) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 700 shares, a growth of 250.0% from the April 30th total of 200 shares. Based on an average daily volume of 13,600 shares, the short-interest ratio is currently 0.1 days.

A number of analysts have recently issued reports on ASMIY shares. Jefferies Financial Group started coverage on shares of ASM International in a research note on Thursday, February 17th. They set a “buy” rating on the stock. Redburn Partners lowered shares of ASM International from a “buy” rating to a “neutral” rating in a research note on Friday, March 25th. Zacks Investment Research lowered shares of ASM International from a “hold” rating to a “sell” rating in a research note on Tuesday, April 19th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of ASM International from €440.00 ($468.09) to €350.00 ($372.34) and set a “buy” rating for the company in a research note on Tuesday, March 1st. Finally, Barclays upgraded shares of ASM International from an “equal weight” rating to an “overweight” rating and set a $425.00 price target for the company in a research note on Tuesday, April 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $384.67.

OTCMKTS ASMIY opened at $292.00 on Thursday. ASM International has a one year low of $272.37 and a one year high of $497.06. The company has a 50-day simple moving average of $325.84 and a 200-day simple moving average of $367.55. The firm has a market capitalization of $14.18 billion, a PE ratio of 26.86 and a beta of 1.55.

ASM International (OTCMKTS:ASMIY – Get Rating) last posted its quarterly earnings results on Tuesday, February 22nd. The company reported $3.23 EPS for the quarter, missing the consensus estimate of $3.35 by ($0.12). ASM International had a net margin of 27.67% and a return on equity of 21.60%. The business had revenue of $561.94 million during the quarter, compared to analyst estimates of $559.43 million. Equities research analysts expect that ASM International will post 13.71 earnings per share for the current year.

The firm also recently declared a dividend, which will be paid on Friday, May 27th. Stockholders of record on Thursday, May 19th will be issued a $2.3356 dividend. This represents a dividend yield of 0.77%. The ex-dividend date is Wednesday, May 18th. ASM International’s dividend payout ratio (DPR) is presently 21.53%.

About ASM International (Get Rating)

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials that are used to produce semiconductor devices in the United States, Europe, and Asia. Its products include wafer processing deposition systems for single-wafer atomic layer deposition, plasma enhanced chemical vapor deposition, epitaxy, and batch diffusion/furnace systems, as well as provides spare parts and support services.

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