Short Interest in ASMPT Limited (OTCMKTS:ASMVY) Rises By 410.0%

ASMPT Limited (OTCMKTS:ASMVY) was the target of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 11,041 shares, an increase of 410.0% from the February 26th total of 2,165 shares. Based on an average daily trading volume, of 52,503 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 52,503 shares, the short-interest ratio is currently 0.2 days.

ASMPT Stock Down 1.7%

ASMVY stock opened at $39.76 on Wednesday. The firm’s 50 day moving average price is $40.32 and its 200-day moving average price is $34.28. ASMPT has a one year low of $16.87 and a one year high of $44.74.

ASMPT Company Profile

ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.

ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.