ASMPT Limited (OTCMKTS:ASMVF – Get Rating) was the recipient of a significant decline in short interest in December. As of December 30th, there was short interest totalling 365,900 shares, a decline of 11.6% from the December 15th total of 413,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3,659.0 days.
ASMPT Price Performance
Shares of ASMVF stock opened at $8.12 on Friday. The company’s fifty day simple moving average is $7.15 and its 200-day simple moving average is $7.52. ASMPT has a 12 month low of $7.01 and a 12 month high of $10.13.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. raised shares of ASMPT from a “neutral” rating to an “overweight” rating in a research report on Thursday, November 17th.
ASMPT Limited, an investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industries worldwide. It operates through Semiconductor Solutions and Surface Mount Technology Solutions segments. The company provides deposition process equipment, wafer separation equipment, AOI/FOL equipment, die attach equipment, wire bonding equipment, dispensing equipment, encapsulation solutions equipment, and CIS equipment.
- Get a free copy of the StockNews.com research report on ASMPT (ASMVF)
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