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

ASM International NV (OTCMKTS:ASMIY) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 1,800 shares, a decrease 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.

Analyst Ratings Changes

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

ASM International Trading Down 0.2 %

ASMIY traded down $1.36 on Friday, hitting $574.07. The company had a trading volume of 5,237 shares, compared to its average volume of 9,643. The company’s fifty day moving average price is $580.27 and its 200 day moving average price is $606.81. ASM International has a 1 year low of $510.81 and a 1 year high of $813.23. The firm has a market cap of $28.18 billion, a P/E ratio of 47.48 and a beta of 1.60.

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

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.