Short Interest in ASM International NV (OTCMKTS:ASMIY) Rises By 100.0%

ASM International NV (OTCMKTS:ASMIY) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 1,200 shares, a growth of 100.0% from the October 15th total of 600 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of brokerages have recently commented on ASMIY. Berenberg Bank raised shares of ASM International to a “strong-buy” rating in a research report on Wednesday, October 2nd. Citigroup upgraded shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd.

ASM International Stock Performance

OTCMKTS ASMIY traded up $9.67 during trading hours on Friday, hitting $556.52. 25,572 shares of the company traded hands, compared to its average volume of 22,715. The stock has a market capitalization of $27.45 billion, a price-to-earnings ratio of 43.16 and a beta of 1.66. ASM International has a twelve month low of $465.65 and a twelve month high of $813.23. The business’s 50-day moving average is $600.39 and its 200-day moving average is $665.73.

ASM International (OTCMKTS:ASMIY) last released its earnings results on Tuesday, October 29th. The company reported $2.98 earnings per share for the quarter, missing the consensus estimate of $4.21 by ($1.23). The firm had revenue of $855.69 million during the quarter. ASM International had a net margin of 19.98% and a return on equity of 17.38%. Analysts predict that ASM International will post 14.46 EPS for the current year.

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.