Short Interest in ASM International NV (OTCMKTS:ASMIY) Expands By 219.8%

ASM International NV (OTCMKTS:ASMIY) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 7,938 shares, a growth of 219.8% from the February 26th total of 2,482 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,543 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

Several research firms recently issued reports on ASMIY. Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a research report on Friday, January 16th. Jefferies Financial Group cut ASM International from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, February 18th. Citigroup reaffirmed a “buy” rating on shares of ASM International in a report on Tuesday, January 20th. Barclays reiterated an “overweight” rating on shares of ASM International in a research note on Monday, January 26th. Finally, BNP Paribas Exane raised ASM International to an “outperform” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

ASM International Trading Down 3.6%

Shares of ASM International stock opened at $781.98 on Friday. The firm’s 50 day moving average is $819.71 and its 200 day moving average is $683.77. The firm has a market capitalization of $38.39 billion, a PE ratio of 45.70 and a beta of 1.91. ASM International has a 1 year low of $372.61 and a 1 year high of $877.36.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $4.02 EPS for the quarter, beating the consensus estimate of $3.37 by $0.65. The business had revenue of $808.18 million during the quarter, compared to the consensus estimate of $815.67 million. ASM International had a net margin of 23.51% and a return on equity of 19.77%. As a group, research analysts anticipate that ASM International will post 14.46 earnings per share for the current year.

About ASM International

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.