Short Interest in ASM International NV (OTCMKTS:ASMIY) Rises By 400.0%
ASM International NV (OTCMKTS:ASMIY - Get Free Report) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totalling 1,000 shares, an increase of 400.0% from the July 31st total of 200 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 0.2 days.
Separately, Sanford C. Bernstein cut shares of ASM International from an "outperform" rating to a "market perform" rating in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $341.50.
Check Out Our Latest Research Report on ASM International
ASMIY traded down $40.71 during midday trading on Friday, hitting $459.11. 3,341 shares of the company traded hands, compared to its average volume of 3,296. The firm has a market capitalization of $22.65 billion, a PE ratio of 35.63 and a beta of 1.70. The company's 50-day moving average is $448.78 and its 200 day moving average is $400.35. ASM International has a 52 week low of $206.20 and a 52 week high of $501.70.
ASM International (OTCMKTS:ASMIY - Get Free Report) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $3.52 earnings per share (EPS) for the quarter. The company had revenue of $728.42 million for the quarter. ASM International had a net margin of 23.29% and a return on equity of 23.88%.
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 the United States, Europe, and Asia. Its products include wafer processing deposition systems for single-wafer atomic layer deposition, plasma enhanced chemical vapor deposition, epitaxy, silicon carbide, vertical furnace systems, and low pressure chemical vapor deposition and diffusion products, as well as provides spare parts and support services.
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