ASM International NV (OTCMKTS:ASMIY) Short Interest Up 500.0% in December

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 4,200 shares, a growth of 500.0% from the December 15th total of 700 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is currently 0.4 days.

ASM International Stock Down 1.2 %

ASM International stock opened at $603.25 on Tuesday. The stock has a market cap of $29.61 billion, a price-to-earnings ratio of 49.90 and a beta of 1.60. The business has a 50-day simple moving average of $561.34 and a 200 day simple moving average of $621.26. ASM International has a 52 week low of $485.01 and a 52 week high of $813.23.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $2.98 EPS for the quarter, missing the consensus estimate of $4.21 by ($1.23). The business had revenue of $855.69 million for the quarter. ASM International had a return on equity of 17.38% and a net margin of 19.98%. On average, research analysts anticipate that ASM International will post 14.46 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on ASMIY shares. BNP Paribas started coverage on shares of ASM International in a research note on Tuesday, December 3rd. They set a “neutral” rating and a $561.00 price target on the stock. Berenberg Bank raised ASM International to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Citigroup upgraded ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd.

About ASM International

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.