Short Interest in ASM International NV (OTCMKTS:ASMIY) Drops By 57.1%

ASM International NV (OTCMKTS:ASMIY - Get Free Report) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 1,800 shares, a drop of 57.1% from the December 31st total of 4,200 shares. Based on an average daily volume of 7,800 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas assumed coverage on shares of ASM International in a report on Tuesday, December 3rd. They issued a "neutral" rating and a $561.00 price target on the stock.

ASM International Price Performance

OTCMKTS:ASMIY traded down $1.36 during mid-day trading on Friday, hitting $574.07. The company's stock had a trading volume of 5,237 shares, compared to its average volume of 9,643. The business's fifty day moving average is $580.27 and its two-hundred day moving average is $606.81. The stock has a market cap of $28.18 billion, a price-to-earnings ratio of 47.48 and a beta of 1.60. ASM International has a 1 year low of $510.81 and a 1 year high of $813.23.

ASM International (OTCMKTS:ASMIY - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported $2.98 EPS for the quarter, missing analysts' consensus estimates of $4.21 by ($1.23). The company had revenue of $855.69 million during the quarter. ASM International had a return on equity of 17.10% and a net margin of 19.98%. Analysts anticipate that ASM International will post 14.46 EPS for the current fiscal year.

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.