Short Interest in ASMPT Limited (OTCMKTS:ASMVY) Expands By 62.5%

ASMPT Limited (OTCMKTS:ASMVY) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,900 shares, an increase of 62.5% from the February 29th total of 2,400 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is currently 0.5 days.

ASMPT Price Performance

Shares of OTCMKTS:ASMVY traded up $0.19 during midday trading on Friday, reaching $37.80. 2,074 shares of the company were exchanged, compared to its average volume of 7,842. The business’s fifty day moving average is $34.66 and its two-hundred day moving average is $30.19. ASMPT has a one year low of $22.15 and a one year high of $41.65.

About ASMPT

ASMPT Limited, an investment holding company, engages in the design, manufacture, and marketing of machine and tools used in the semiconductor and electronics assembly industries worldwide. It operates in two segments, Semiconductor Solutions and Surface Mount Technology Solutions. The Semiconductor Solutions segment offers wire and die bonders, encapsulation solutions, test handlers, clip bonders, CIS equipment, TCB and flip chip bonders, mold under fill, panel molding, and laser grooving and dicing.