ASM International NV (OTCMKTS:ASMIY) Short Interest Up 209.1% in January

ASM International NV (OTCMKTS:ASMIY) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 5,072 shares, a growth of 209.1% from the January 15th total of 1,641 shares. Based on an average daily trading volume, of 57,082 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 57,082 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Citigroup reissued a “buy” rating on shares of ASM International in a report on Tuesday, January 20th. Jefferies Financial Group downgraded ASM International from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, January 13th. BNP Paribas Exane raised ASM International to an “outperform” rating in a research note on Monday, February 2nd. Rothschild & Co Redburn lowered ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

ASM International Stock Up 2.1%

OTCMKTS:ASMIY opened at $833.97 on Thursday. The stock has a fifty day simple moving average of $714.73 and a 200 day simple moving average of $614.06. The firm has a market capitalization of $40.94 billion, a price-to-earnings ratio of 46.15 and a beta of 1.91. ASM International has a 1-year low of $372.61 and a 1-year high of $875.64.

About ASM International

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.