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

ASM International NV (OTCMKTS:ASMIY - Get Free Report) was the target of a significant increase in short interest during the month of 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. Currently, 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 21,400 shares, the short-interest ratio is presently 0.2 days.

ASM International Stock Down 1.7 %

ASM International stock traded down $7.90 during mid-day trading on Friday, hitting $466.76. 4,667 shares of the company's stock were exchanged, compared to its average volume of 7,460. ASM International has a fifty-two week low of $446.01 and a fifty-two week high of $813.23. The firm has a market capitalization of $22.91 billion, a P/E ratio of 38.61 and a beta of 1.67. The company's 50 day simple moving average is $547.80 and its 200-day simple moving average is $571.75.

ASM International (OTCMKTS:ASMIY - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported $5.01 EPS for the quarter, topping analysts' consensus estimates of $4.14 by $0.87. ASM International had a return on equity of 17.10% and a net margin of 19.98%. The company had revenue of $863.04 million for the quarter, compared to analyst estimates of $865.31 million. Research analysts expect that ASM International will post 14.46 EPS for the current year.

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Wall Street Analyst Weigh In

Separately, 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 price objective on the stock.

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.