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

ASM International NV (OTCMKTS:ASMIY - Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 700 shares, a growth of 16.7% from the November 30th total of 600 shares. Based on an average daily trading volume, of 6,700 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ASMIY. Citigroup upgraded ASM International to a "strong-buy" rating in a report on Wednesday, October 2nd. Berenberg Bank upgraded shares of ASM International to a "strong-buy" rating in a research report on Wednesday, October 2nd. Finally, BNP Paribas initiated coverage on shares of ASM International in a research note on Tuesday, December 3rd. They set a "neutral" rating and a $561.00 target price for the company.

ASM International Price Performance

Shares of ASMIY stock traded down $11.65 during trading on Monday, reaching $580.00. The company had a trading volume of 5,398 shares, compared to its average volume of 6,411. The company has a market capitalization of $28.47 billion, a PE ratio of 47.97 and a beta of 1.61. The firm's 50 day simple moving average is $555.48 and its two-hundred day simple moving average is $632.29. ASM International has a one year low of $465.65 and a one year high of $813.23.

ASM International (OTCMKTS:ASMIY - Get Free Report) last released its earnings results on Tuesday, October 29th. The company reported $2.98 earnings per share for the quarter, missing analysts' consensus estimates of $4.21 by ($1.23). The firm had revenue of $855.69 million for the quarter. ASM International had a return on equity of 17.38% and a net margin of 19.98%. Analysts forecast that ASM International will post 14.46 earnings per share for the current year.

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.