ASE Technology Holding Co., Ltd. (NYSE:ASX) Short Interest Update

ASE Technology Holding Co., Ltd. (NYSE:ASX - Get Free Report) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 11,000,000 shares, a decline of 22.0% from the March 15th total of 14,100,000 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 11,320,000 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On ASE Technology

Several institutional investors have recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in shares of ASE Technology by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock worth $157,843,000 after buying an additional 507,008 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of ASE Technology by 36.1% during the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock worth $48,958,000 after acquiring an additional 1,290,605 shares in the last quarter. Cullen Capital Management LLC grew its holdings in ASE Technology by 0.3% in the fourth quarter. Cullen Capital Management LLC now owns 4,424,100 shares of the semiconductor company's stock valued at $44,551,000 after purchasing an additional 14,831 shares during the period. Schroder Investment Management Group grew its stake in ASE Technology by 0.3% in the 4th quarter. Schroder Investment Management Group now owns 4,371,391 shares of the semiconductor company's stock valued at $44,370,000 after acquiring an additional 12,767 shares during the period. Finally, Barclays PLC increased its stake in shares of ASE Technology by 24.6% during the fourth quarter. Barclays PLC now owns 3,094,383 shares of the semiconductor company's stock worth $31,160,000 after purchasing an additional 611,751 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Trading Up 1.2 %

ASX traded up $0.11 during trading on Thursday, reaching $8.63. The company had a trading volume of 5,980,815 shares, compared to its average volume of 8,613,848. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40. ASE Technology has a 52 week low of $6.94 and a 52 week high of $12.86. The stock has a market cap of $19.04 billion, a P/E ratio of 19.14, a PEG ratio of 0.47 and a beta of 1.21. The business has a 50 day simple moving average of $9.31 and a 200-day simple moving average of $9.84.

ASE Technology (NYSE:ASX - Get Free Report) last issued its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. On average, equities analysts anticipate that ASE Technology will post 0.76 EPS for the current fiscal year.

About ASE Technology

ASE Technology Holding Co, Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.