ASMPT Limited (OTCMKTS:ASMVY) Stock Short Interest Report for October

ASMPT Limited (OTCMKTS:ASMVY) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 7,531 shares, a growth of 2,283.2% from the October 15th total of 316 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 22,249 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of ASMPT from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

ASMPT Price Performance

ASMVY stock traded down $1.03 during midday trading on Tuesday, reaching $36.30. The stock had a trading volume of 33,617 shares, compared to its average volume of 24,108. The business has a fifty day simple moving average of $55.56 and a two-hundred day simple moving average of $56.84. ASMPT has a twelve month low of $27.25 and a twelve month high of $93.58.

ASMPT Company Profile

ASMPT is a global provider of equipment and software used to manufacture semiconductors and electronic products. Founded in 1975 as ASM Pacific Technology, the company is headquartered in Singapore and serves customers around the world. Its Semiconductor Solutions business supplies equipment for processes including die bonding, wire bonding, packaging and assembly. These tools support the production of components used in a range of electronic devices and applications. ASMPT also provides surface-mount technology (SMT) solutions for assembling circuit boards, including component placement, printing and inspection equipment, along with related software and services.