ASM International NV (OTCMKTS:ASMIY) Sees Large Decline in Short Interest

by · The Markets Daily

ASM International NV (OTCMKTS:ASMIYGet Free Report) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 800 shares, adropof42.9% from the July 31st total of 1,400 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Jefferies Financial Group cut ASM International to a “hold” rating in a research note on Thursday, June 26th. Barclays upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 3rd. Zacks Research lowered ASM International from a “hold” rating to a “strong sell” rating in a research note on Monday, August 25th. UBS Group upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research note on Thursday, July 24th. Five equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, ASM International currently has an average rating of “Buy” and a consensus target price of $561.00.

View Our Latest Research Report on ASMIY

ASM International Stock Up 2.2%

Shares of ASMIY opened at $489.19 on Monday. The business’s 50-day moving average price is $529.20 and its 200-day moving average price is $521.54. ASM International has a twelve month low of $372.61 and a twelve month high of $664.94. The stock has a market cap of $24.01 billion, a PE ratio of 41.53 and a beta of 1.91.

ASM International (OTCMKTS:ASMIYGet Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $3.99 earnings per share for the quarter, missing the consensus estimate of $4.75 by ($0.76). ASM International had a net margin of 16.36% and a return on equity of 20.14%. The company had revenue of $979.62 million for the quarter, compared to the consensus estimate of $966.88 million. ASM International has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that ASM International will post 14.46 earnings per share for the current fiscal year.

ASM International Company Profile

(Get Free Report)

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.

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