Short Interest in ASM International NV (OTCMKTS:ASMIY) Rises By 16.7%

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 700 shares, an increase of 16.7% from the November 30th total of 600 shares. Based on an average daily trading volume, of 6,700 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Citigroup upgraded ASM International to a “strong-buy” rating in a research report on Wednesday, October 2nd. BNP Paribas initiated coverage on shares of ASM International in a research note on Tuesday, December 3rd. They issued a “neutral” rating and a $561.00 target price on the stock. Finally, Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd.

ASM International Trading Down 1.7 %

Shares of OTCMKTS:ASMIY opened at $591.65 on Monday. The stock has a fifty day simple moving average of $555.05 and a two-hundred day simple moving average of $633.47. The stock has a market capitalization of $29.05 billion, a price-to-earnings ratio of 48.94 and a beta of 1.61. ASM International has a 12-month low of $465.65 and a 12-month high of $813.23.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $2.98 earnings per share for the quarter, missing analysts’ consensus estimates of $4.21 by ($1.23). The company had revenue of $855.69 million during the quarter. ASM International had a net margin of 19.98% and a return on equity of 17.38%. As a group, equities research analysts predict that ASM International will post 14.46 EPS for the current year.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.