BE Semiconductor Industries (OTCMKTS:BESIY) Short Interest Down 85.0% in March

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 600 shares, a drop of 85.0% from the March 15th total of 4,000 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 9,200 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. UBS Group upgraded shares of BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Needham & Company LLC downgraded BE Semiconductor Industries from a "moderate buy" rating to a "hold" rating in a research report on Monday, January 13th.

BE Semiconductor Industries Trading Up 2.1 %

BESIY traded up $2.23 during trading hours on Friday, reaching $108.84. The company's stock had a trading volume of 3,721 shares, compared to its average volume of 4,931. BE Semiconductor Industries has a fifty-two week low of $88.02 and a fifty-two week high of $185.00. The company has a debt-to-equity ratio of 1.13, a current ratio of 6.86 and a quick ratio of 6.12. The stock has a market cap of $7.89 billion, a PE ratio of 43.71 and a beta of 1.75. The business's 50-day moving average is $110.13 and its 200-day moving average is $121.50.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last posted its earnings results on Thursday, February 20th. The technology company reported $0.79 EPS for the quarter. BE Semiconductor Industries had a net margin of 29.92% and a return on equity of 39.31%. The company had revenue of $163.66 million for the quarter. As a group, equities research analysts predict that BE Semiconductor Industries will post 4.56 earnings per share for the current fiscal year.

BE Semiconductor Industries Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 28th will be paid a dividend of $2.0024 per share. This is a boost from BE Semiconductor Industries's previous dividend of $1.94. The ex-dividend date of this dividend is Monday, April 28th. BE Semiconductor Industries's dividend payout ratio is 80.32%.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.