ASMPT Limited (OTCMKTS:ASMVY) Short Interest Update

ASMPT Limited (OTCMKTS:ASMVY) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 2,796 shares, a decrease of 74.7% from the March 15th total of 11,041 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 34,166 shares, the short-interest ratio is currently 0.1 days.

ASMPT Trading Up 3.2%

Shares of ASMPT stock opened at $43.70 on Friday. The business’s 50-day moving average price is $40.57 and its 200-day moving average price is $35.31. ASMPT has a 12 month low of $17.69 and a 12 month high of $44.74.

Analysts Set New Price Targets

Separately, Zacks Research raised ASMPT to a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

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.