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

ASM International NV (OTCMKTS:ASMIY) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 358 shares, a drop of 48.6% from the May 31st total of 697 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 10,965 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

ASMIY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Barclays reiterated an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. Citigroup reissued a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Finally, Zacks Research lowered shares of ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

ASM International Stock Performance

ASMIY opened at $1,151.71 on Wednesday. The company has a 50-day moving average of $1,054.07 and a 200-day moving average of $871.73. The company has a market capitalization of $56.30 billion, a P/E ratio of 49.18 and a beta of 2.01. ASM International has a 1-year low of $463.86 and a 1-year high of $1,248.72.

ASM International (OTCMKTS:ASMIY) last released its earnings results on Tuesday, April 21st. The company reported $5.87 EPS for the quarter, topping analysts’ consensus estimates of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $944.69 million. As a group, sell-side analysts expect that ASM International will post 25.75 earnings per share for the current fiscal year.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.