ASM International NV (OTCMKTS:ASMIY) Short Interest Down 27.3% in June

ASM International NV (OTCMKTS:ASMIY) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 800 shares, a decline of 27.3% from the May 31st total of 1,100 shares. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley upgraded ASM International from an “equal weight” rating to an “overweight” rating in a report on Thursday, June 20th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, ASM International has a consensus rating of “Hold”.

ASM International Stock Performance

Shares of OTCMKTS:ASMIY traded up $12.42 on Friday, reaching $764.12. The company’s stock had a trading volume of 2,474 shares, compared to its average volume of 6,198. The company has a 50-day simple moving average of $700.72 and a 200 day simple moving average of $619.17. ASM International has a 52-week low of $375.35 and a 52-week high of $788.03. The company has a market cap of $37.69 billion, a P/E ratio of 59.24 and a beta of 1.63.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $3.93 earnings per share for the quarter. The company had revenue of $693.81 million for the quarter. ASM International had a return on equity of 18.35% and a net margin of 21.27%. On average, equities research analysts forecast that ASM International will post 17.19 EPS for the current fiscal year.

ASM International Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Thursday, May 16th were paid a $2.5568 dividend. The ex-dividend date of this dividend was Wednesday, May 15th. This is an increase from ASM International’s previous dividend of $2.27. ASM International’s dividend payout ratio is currently 21.11%.

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.