Short Interest in ASM International NV (OTCMKTS:ASMIY) Declines By 67.2%

ASM International NV (OTCMKTS:ASMIY) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 903 shares, a decrease of 67.2% from the June 30th total of 2,751 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 64,053 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

ASMIY has been the topic of a number of analyst reports. Zacks Research cut shares of ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Barclays reissued an “overweight” rating on shares of ASM International in a research report on Thursday, June 11th. Citigroup restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a report on Friday, July 10th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, ASM International has an average rating of “Moderate Buy”.

ASM International Trading Down 2.4%

Shares of OTCMKTS ASMIY opened at $969.53 on Friday. ASM International has a 12-month low of $463.86 and a 12-month high of $1,248.72. The firm has a market capitalization of $47.39 billion, a price-to-earnings ratio of 41.40 and a beta of 1.99. The firm has a 50 day moving average of $1,065.91 and a 200 day moving average of $922.86.

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.