ASM International NV (OTCMKTS:ASMIY) Short Interest Down 57.1% in January

ASM International NV (OTCMKTS:ASMIY) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 1,800 shares, a drop of 57.1% from the December 31st total of 4,200 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 0.2 days.

ASM International Price Performance

Shares of ASM International stock traded down $1.36 during trading on Friday, hitting $574.07. 5,237 shares of the stock were exchanged, compared to its average volume of 9,643. The stock has a market cap of $28.18 billion, a price-to-earnings ratio of 47.48 and a beta of 1.60. The firm’s 50-day moving average price is $580.27 and its 200 day moving average price is $606.81. ASM International has a 12-month low of $510.81 and a 12-month high of $813.23.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings data on Tuesday, October 29th. The company reported $2.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.21 by ($1.23). ASM International had a return on equity of 17.10% and a net margin of 19.98%. The business had revenue of $855.69 million for the quarter. As a group, research analysts forecast that ASM International will post 14.46 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, BNP Paribas began coverage on ASM International in a research report on Tuesday, December 3rd. They set a “neutral” rating and a $561.00 price objective for the company.

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.