BE Semiconductor Industries NV (OTCMKTS:BESIY) Short Interest Down 77.1% in January

BE Semiconductor Industries NV (OTCMKTS:BESIY) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,044 shares, a drop of 77.1% from the January 15th total of 4,556 shares. Based on an average daily volume of 6,665 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 6,665 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BESIY. Citigroup reissued a “neutral” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 20th. Zacks Research raised BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 14th. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research report on Wednesday, October 15th. Finally, Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, January 13th. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, BE Semiconductor Industries has an average rating of “Moderate Buy”.

BE Semiconductor Industries Stock Performance

OTCMKTS:BESIY opened at $201.84 on Wednesday. BE Semiconductor Industries has a twelve month low of $88.02 and a twelve month high of $210.76. The company has a quick ratio of 5.02, a current ratio of 5.75 and a debt-to-equity ratio of 1.46. The stock’s 50-day simple moving average is $178.35 and its 200 day simple moving average is $159.27. The firm has a market capitalization of $14.64 billion, a PE ratio of 99.43 and a beta of 1.85.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.