BE Semiconductor Industries NV (OTCMKTS:BESIY) Sees Large Growth in Short Interest

BE Semiconductor Industries NV (OTCMKTS:BESIY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 4,556 shares, a growth of 188.5% from the December 31st total of 1,579 shares. Based on an average daily volume of 5,828 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 5,828 shares, the days-to-cover ratio is currently 0.8 days.

BE Semiconductor Industries Price Performance

BESIY stock opened at $193.07 on Friday. The company has a quick ratio of 5.02, a current ratio of 5.75 and a debt-to-equity ratio of 1.46. BE Semiconductor Industries has a 12-month low of $88.02 and a 12-month high of $210.76. The stock’s 50 day simple moving average is $171.98 and its 200 day simple moving average is $156.78.

Wall Street Analyst Weigh In

BESIY has been the subject of several research reports. Morgan Stanley restated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 13th. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a research note on Tuesday, January 6th. Kepler Capital Markets lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. UBS Group reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, October 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research report on Wednesday, October 15th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

About BE Semiconductor Industries

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.