ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 1,100 shares, a decline of 65.6% from the May 15th total of 3,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 39,300 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. HSBC upgraded ASM International to a “buy” rating in a research report on Friday, May 2nd. UBS Group raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 21st. Hsbc Global Res raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 2nd. Finally, Barclays raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 3rd. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and five have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and a consensus price target of $561.00.

ASM International Price Performance

Shares of OTCMKTS:ASMIY opened at $608.01 on Friday. The company’s fifty day moving average price is $513.16 and its 200-day moving average price is $538.66. The firm has a market capitalization of $29.85 billion, a price-to-earnings ratio of 50.29 and a beta of 1.82. ASM International has a one year low of $372.61 and a one year high of $813.23.

ASM International (OTCMKTS:ASMIY) last announced its earnings results on Tuesday, April 29th. The company reported $4.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.23 by ($0.12). The company had revenue of $955.30 million during the quarter, compared to analysts’ expectations of $1 billion. ASM International had a return on equity of 17.10% and a net margin of 19.98%. As a group, equities research analysts expect that ASM International will post 14.46 EPS for the current year.

ASM International Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Friday, May 16th were given a dividend of $2.6456 per share. This is a boost from ASM International’s previous dividend of $2.56. This represents a yield of 0.49%. The ex-dividend date of this dividend was Thursday, May 15th. ASM International’s dividend payout ratio (DPR) is presently 26.75%.

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.