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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider ASM International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASM International wasn't on the list.

While ASM International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.