ASMPT Limited (OTCMKTS:ASMVF) Sees Significant Drop in Short Interest
by Mitch Edgeman · The Markets DailyASMPT Limited (OTCMKTS:ASMVF – Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 15,075 shares, a decrease of 84.7% from the March 15th total of 98,836 shares. Based on an average daily trading volume, of 374 shares, the days-to-cover ratio is presently 40.3 days.
ASMPT Trading Up 19.8%
OTCMKTS ASMVF traded up $2.40 on Friday, hitting $14.50. 1,892 shares of the stock traded hands, compared to its average volume of 599. The stock has a 50-day moving average of $14.12 and a 200 day moving average of $11.91. ASMPT has a twelve month low of $6.02 and a twelve month high of $15.00.
About ASMPT
ASM Pacific Technology Holdings Limited, traded under the OTCMKTS ticker ASMVF, is a global supplier of assembly and packaging equipment and related consumables for the semiconductor and electronics industries. The company designs, manufactures and delivers high-precision machinery that enables automated placement, soldering and inspection processes in electronic device production.
Through its Surface Mount Technology (SMT) segment, ASMPT offers a broad portfolio of pick-and-place machines, reflow soldering ovens, automated optical inspection systems and software platforms that support high-volume printed circuit board assembly.