ASM International NV (OTCMKTS:ASMIY) Short Interest Down 67.2% in July

ASM International NV (OTCMKTS:ASMIY) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 903 shares, a drop of 67.2% from the June 30th total of 2,751 shares. Based on an average daily trading volume, of 64,053 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

ASM International Trading Down 2.4%

OTCMKTS ASMIY opened at $969.53 on Friday. ASM International has a 12 month low of $463.86 and a 12 month high of $1,248.72. The stock has a market cap of $47.39 billion, a PE ratio of 41.40 and a beta of 1.99. The stock’s 50 day moving average is $1,065.91 and its 200 day moving average is $922.86.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ASMIY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research report on Friday, July 10th. Citigroup reissued a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Morgan Stanley restated an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Barclays restated an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. Finally, Zacks Research downgraded shares of ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.