ASMPT Limited (OTCMKTS:ASMVF) Sees Significant Drop in Short Interest

ASMPT Limited (OTCMKTS:ASMVF) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 4,197 shares, a drop of 93.3% from the January 29th total of 62,676 shares. Based on an average daily volume of 84 shares, the short-interest ratio is currently 50.0 days. Based on an average daily volume of 84 shares, the short-interest ratio is currently 50.0 days.

ASMPT Price Performance

ASMVF opened at $13.44 on Thursday. The stock’s 50 day moving average price is $12.45 and its 200-day moving average price is $10.63. ASMPT has a one year low of $6.02 and a one year high of $14.92.

ASMPT Company Profile

ASM Pacific Technology Holdings Limited, traded under the OTCMKTS ticker ASMVF, is a global supplier of assembly and packaging equipment and related consumables for the semiconductor and electronics industries. The company designs, manufactures and delivers high-precision machinery that enables automated placement, soldering and inspection processes in electronic device production.

Through its Surface Mount Technology (SMT) segment, ASMPT offers a broad portfolio of pick-and-place machines, reflow soldering ovens, automated optical inspection systems and software platforms that support high-volume printed circuit board assembly.