Short Interest in ASM International NV (OTCMKTS:ASMIY) Rises By 176.5%

ASM International NV (OTCMKTS:ASMIY) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 4,700 shares, an increase of 176.5% from the February 28th total of 1,700 shares. Based on an average trading volume of 21,400 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

ASM International Price Performance

ASMIY opened at $474.66 on Friday. ASM International has a 1 year low of $446.01 and a 1 year high of $813.23. The stock has a 50-day moving average price of $551.28 and a 200-day moving average price of $572.67. The firm has a market cap of $23.30 billion, a PE ratio of 39.26 and a beta of 1.67.

ASM International (OTCMKTS:ASMIY) last released its earnings results on Tuesday, February 25th. The company reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.14 by $0.87. The company had revenue of $863.04 million during the quarter, compared to analyst estimates of $865.31 million. ASM International had a net margin of 19.98% and a return on equity of 17.10%. As a group, sell-side analysts anticipate that ASM International will post 14.46 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas started coverage on ASM International in a report on Tuesday, December 3rd. They set a “neutral” rating and a $561.00 price objective on the stock.

About ASM International

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.