Short Interest in ASM International NV (OTCMKTS:ASMIY) Declines By 94.5%

ASM International NV (OTCMKTS:ASMIY) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 439 shares, a decrease of 94.5% from the March 15th total of 7,938 shares. Based on an average daily trading volume, of 13,556 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

ASMIY has been the subject of several research reports. Barclays reiterated an “overweight” rating on shares of ASM International in a research report on Monday, January 26th. BNP Paribas Exane upgraded ASM International to an “outperform” rating in a research report on Monday, February 2nd. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 25th. Citigroup reiterated a “buy” rating on shares of ASM International in a research report on Tuesday, January 20th. Finally, Jefferies Financial Group downgraded ASM International from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

ASM International Trading Up 2.3%

ASM International stock opened at $886.66 on Friday. The company has a market capitalization of $43.53 billion, a PE ratio of 51.82 and a beta of 1.92. ASM International has a 12 month low of $419.03 and a 12 month high of $892.75. The stock has a 50-day moving average price of $810.01 and a two-hundred day moving average price of $703.63.

ASM International (OTCMKTS:ASMIY) last posted its earnings results on Tuesday, March 3rd. The company reported $4.02 EPS for the quarter, beating the consensus estimate of $3.37 by $0.65. The firm had revenue of $808.18 million during the quarter, compared to the consensus estimate of $815.67 million. ASM International had a return on equity of 19.77% and a net margin of 23.51%. As a group, analysts predict that ASM International will post 14.46 earnings per share for the current fiscal year.

ASM International Company Profile

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.