ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totalling 2,400 shares, a growth of 84.6% from the June 30th total of 1,300 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is currently 0.4 days.

ASM International Stock Up 1.0 %

Shares of ASMIY traded up $6.67 during midday trading on Friday, reaching $658.11. The company had a trading volume of 10,427 shares, compared to its average volume of 3,571. ASM International has a 1-year low of $375.35 and a 1-year high of $813.23. The stock has a market cap of $32.46 billion, a PE ratio of 55.12 and a beta of 1.65. The firm has a 50 day simple moving average of $741.45 and a 200-day simple moving average of $653.54.

ASM International (OTCMKTS:ASMIY) last issued its earnings results on Tuesday, July 23rd. The company reported $3.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.59). ASM International had a return on equity of 17.74% and a net margin of 21.26%. The company had revenue of $760.07 million during the quarter. As a group, sell-side analysts anticipate that ASM International will post 16.41 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Morgan Stanley raised ASM International from an “equal weight” rating to an “overweight” rating in a research note on Thursday, June 20th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, ASM International has an average rating of “Hold”.

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.