ASM International NV (OTCMKTS:ASMIY) Sees Significant Growth in Short Interest

ASM International NV (OTCMKTS:ASMIY) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,300 shares, a growth of 27.8% from the January 15th total of 1,800 shares. Based on an average daily volume of 20,400 shares, the short-interest ratio is currently 0.1 days.

ASM International Trading Up 0.2 %

Shares of OTCMKTS:ASMIY opened at $600.44 on Friday. The company has a market cap of $29.48 billion, a price-to-earnings ratio of 49.66 and a beta of 1.60. The company has a 50-day moving average price of $589.62 and a 200-day moving average price of $597.91. ASM International has a 12 month low of $510.81 and a 12 month high of $813.23.

Analyst Upgrades and Downgrades

Separately, BNP Paribas started coverage on shares of ASM International in a research note on Tuesday, December 3rd. They issued a “neutral” rating and a $561.00 price target for the company.

ASM International Company Profile

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.