ASM International NV (OTCMKTS:ASMIY) Short Interest Down 60.0% in October

ASM International NV (OTCMKTS:ASMIY - Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 600 shares, a drop of 60.0% from the September 30th total of 1,500 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ASMIY. Berenberg Bank raised ASM International to a "strong-buy" rating in a report on Wednesday, October 2nd. Citigroup raised ASM International to a "strong-buy" rating in a report on Wednesday, October 2nd.

ASM International Stock Performance

ASMIY stock traded up $0.55 during midday trading on Friday, hitting $562.86. 4,324 shares of the stock were exchanged, compared to its average volume of 4,984. The stock's 50-day moving average price is $627.89 and its 200-day moving average price is $670.69. The stock has a market cap of $27.76 billion, a price-to-earnings ratio of 47.14 and a beta of 1.64. ASM International has a fifty-two week low of $400.59 and a fifty-two week high of $813.23.

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