BE Semiconductor Industries NV (OTCMKTS:BESIY) Short Interest Down 87.7% in February

BE Semiconductor Industries NV (OTCMKTS:BESIY) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 3,038 shares, a decrease of 87.7% from the February 12th total of 24,601 shares. Based on an average daily volume of 18,685 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 18,685 shares, the short-interest ratio is presently 0.2 days.

BE Semiconductor Industries Stock Up 1.4%

Shares of BE Semiconductor Industries stock opened at $203.12 on Thursday. The firm’s 50-day moving average price is $201.93 and its two-hundred day moving average price is $170.21. The company has a quick ratio of 5.02, a current ratio of 5.75 and a debt-to-equity ratio of 1.46. BE Semiconductor Industries has a 1-year low of $88.02 and a 1-year high of $235.17.

Analyst Ratings Changes

BESIY has been the topic of a number of recent research reports. Needham & Company LLC raised BE Semiconductor Industries to a “buy” rating in a report on Tuesday, January 6th. Kepler Capital Markets downgraded BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 9th. Berenberg Bank raised BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 13th. Finally, Citigroup reiterated a “neutral” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 20th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

About BE Semiconductor Industries

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.