ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totaling 1,641 shares, a drop of 41.7% from the December 31st total of 2,816 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,854 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 10,854 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ASMIY shares. Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a research report on Friday, January 16th. Barclays reiterated an “overweight” rating on shares of ASM International in a report on Monday. Citigroup reissued a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Rothschild Redb lowered ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Finally, Jefferies Financial Group downgraded ASM International from a “hold” rating to a “moderate sell” rating in a report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

ASM International Stock Down 1.9%

Shares of ASMIY opened at $836.29 on Friday. The firm has a market cap of $41.05 billion, a price-to-earnings ratio of 46.28 and a beta of 1.87. The company’s fifty day moving average is $673.01 and its 200-day moving average is $600.15. ASM International has a 12 month low of $372.61 and a 12 month high of $875.64.

ASM International (OTCMKTS:ASMIY) last posted its earnings results on Tuesday, October 28th. The company reported $4.90 earnings per share for the quarter, topping the consensus estimate of $4.74 by $0.16. ASM International had a return on equity of 21.55% and a net margin of 24.50%.The firm had revenue of $932.68 million during the quarter, compared to analyst estimates of $814.93 million. As a group, research analysts predict that ASM International will post 14.46 earnings per share for the current fiscal year.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.