ASM International NV (OTCMKTS:ASMIY) Short Interest Down 10.0% in July
ASM International NV (OTCMKTS:ASMIY - Get Free Report) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 900 shares, a drop of 10.0% from the June 30th total of 1,000 shares. Based on an average daily trading volume, of 5,300 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 research note on Friday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, ASM International currently has a consensus rating of "Hold" and a consensus target price of $341.50.
ASM International stock opened at $478.26 on Monday. ASM International has a 12-month low of $206.20 and a 12-month high of $483.13. The company has a market capitalization of $23.59 billion, a price-to-earnings ratio of 35.96 and a beta of 1.68. The firm's fifty day moving average price is $427.89 and its 200 day moving average price is $382.29.
The company also recently declared a dividend, which was paid on Thursday, May 25th. Investors of record on Thursday, May 18th were paid a dividend of $2.2659 per share. This represents a yield of 0.61%. The ex-dividend date was Wednesday, May 17th. ASM International's dividend payout ratio (DPR) is 17.37%.
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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