ASMPT Limited (OTCMKTS:ASMVF) Stock Short Interest Declines 57.0%

ASMPT Limited (OTCMKTS:ASMVF – Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 241,625 shares, a drop of 57.0% from the September 15th total of 562,133 shares. Based on an average trading volume of 675 shares, the days-to-cover ratio is currently 358.0 days.

ASMPT Stock Performance

Shares of ASMVF stock opened at $20.25 on Wednesday. ASMPT has a twelve month low of $9.91 and a twelve month high of $26.75. The stock’s fifty day simple moving average is $20.47 and its 200 day simple moving average is $21.29.

ASMPT Company Profile

(Get Free Report)

ASMPT Limited, formerly known as ASM Pacific Technology Limited, is a Singapore-headquartered supplier of equipment and solutions for the semiconductor and electronics manufacturing industries. The company serves customers involved in semiconductor assembly, advanced packaging, and the production of electronic devices and components.

Through its Semiconductor Solutions business, ASMPT provides equipment used in processes such as die bonding, wire bonding, flip-chip assembly, wafer processing, and advanced semiconductor packaging.

Further Reading

• Five stocks we like better than ASMPT
• A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
• Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
• Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
• Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs