ASM International NV (OTCMKTS:ASMIY) Sees Large Decrease in Short Interest

ASM International NV (OTCMKTS:ASMIY - Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 800 shares, a decrease of 27.3% from the May 31st total of 1,100 shares. Based on an average trading volume of 17,100 shares, the short-interest ratio is presently 0.0 days.

ASM International Trading Up 1.7 %

Shares of OTCMKTS ASMIY traded up $12.42 during midday trading on Friday, reaching $764.12. The company had a trading volume of 2,474 shares, compared to its average volume of 6,198. The business's 50-day simple moving average is $700.72 and its 200 day simple moving average is $620.00. The stock has a market cap of $37.69 billion, a P/E ratio of 64.00 and a beta of 1.63. ASM International has a 1 year low of $375.35 and a 1 year high of $788.03.

ASM International (OTCMKTS:ASMIY - Get Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $3.93 earnings per share (EPS) for the quarter. The business had revenue of $693.81 million during the quarter. ASM International had a net margin of 21.27% and a return on equity of 18.35%. Analysts predict that ASM International will post 17.19 earnings per share for the current year.

ASM International Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Thursday, May 16th were paid a $2.5568 dividend. The ex-dividend date was Wednesday, May 15th. This is a positive change from ASM International's previous dividend of $2.27. ASM International's dividend payout ratio is presently 21.11%.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley raised shares of ASM International from an "equal weight" rating to an "overweight" rating in a research report on Thursday, June 20th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold".

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.