ASM International NV (OTCMKTS:ASMIY) Sees Significant Increase in Short Interest

ASM International NV (OTCMKTS:ASMIY - Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 500 shares, a growth of 150.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 11,800 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Morgan Stanley upgraded ASM International from an "equal weight" rating to an "overweight" rating in a report on Thursday, June 20th.

ASM International Stock Performance

Shares of ASMIY stock traded up $23.35 on Thursday, hitting $653.50. The stock had a trading volume of 2,198 shares, compared to its average volume of 5,112. The stock's 50 day moving average is $648.61 and its 200-day moving average is $671.74. The firm has a market capitalization of $32.24 billion, a price-to-earnings ratio of 52.78 and a beta of 1.64. ASM International has a 52-week low of $375.35 and a 52-week high of $813.23.

ASM International (OTCMKTS:ASMIY - Get Free Report) last announced its earnings results on Tuesday, July 23rd. The company reported $3.58 earnings per share for the quarter, missing the consensus estimate of $4.17 by ($0.59). ASM International had a net margin of 21.26% and a return on equity of 17.74%. The business had revenue of $760.07 million for the quarter. Equities analysts expect that ASM International will post 16.41 earnings per share for the current year.

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.