ASM International NV (OTCMKTS:ASMIY) Short Interest Down 48.6% in June

ASM International NV (OTCMKTS:ASMIY) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 358 shares, a decline of 48.6% from the May 31st total of 697 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 10,965 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ASMIY shares. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 25th. Citigroup reissued a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Finally, Barclays reiterated an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

ASM International Stock Performance

Shares of OTCMKTS:ASMIY opened at $1,130.62 on Tuesday. The business’s 50 day simple moving average is $1,049.49 and its two-hundred day simple moving average is $868.16. ASM International has a 52-week low of $463.86 and a 52-week high of $1,248.72. The firm has a market cap of $55.26 billion, a P/E ratio of 48.28 and a beta of 2.01.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings data on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, topping the consensus estimate of $4.58 by $1.29. ASM International had a net margin of 31.07% and a return on equity of 20.41%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $944.69 million. On average, equities analysts forecast that ASM International will post 25.75 earnings per share for the current fiscal year.

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.