ASMPT Limited (OTCMKTS:ASMVY) Short Interest Up 187.3% in January

ASMPT Limited (OTCMKTS:ASMVY) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 13,186 shares, an increase of 187.3% from the January 15th total of 4,590 shares. Based on an average daily volume of 44,883 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 44,883 shares, the days-to-cover ratio is presently 0.3 days.

ASMPT Price Performance

Shares of ASMVY stock opened at $39.94 on Friday. ASMPT has a 12-month low of $16.87 and a 12-month high of $42.27. The firm has a 50-day moving average price of $34.53 and a 200 day moving average price of $31.30.

ASMPT Company Profile

ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.

ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.