ASMPT Limited (OTCMKTS:ASMVF) Sees Large Decrease in Short Interest

ASMPT Limited (OTCMKTS:ASMVF) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 15,075 shares, a decline of 84.7% from the March 15th total of 98,836 shares. Based on an average daily volume of 374 shares, the short-interest ratio is currently 40.3 days.

ASMPT Price Performance

ASMVF stock opened at $14.50 on Friday. The stock’s fifty day simple moving average is $14.11 and its two-hundred day simple moving average is $11.95. ASMPT has a 1-year low of $6.02 and a 1-year high of $15.00.

About ASMPT

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.