ASE Technology Holding Co., Ltd. (NYSE:ASX) Short Interest Update

ASE Technology Holding Co., Ltd. (NYSE:ASX - Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 13,830,000 shares, a growth of 25.7% from the March 31st total of 11,000,000 shares. Currently, 0.6% of the company's stock are sold short. Based on an average trading volume of 11,970,000 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Golden State Wealth Management LLC lifted its position in shares of ASE Technology by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 3,590 shares of the semiconductor company's stock worth $31,000 after buying an additional 1,795 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of ASE Technology by 166.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 2,307 shares during the last quarter. TT International Asset Management LTD purchased a new position in shares of ASE Technology in the 1st quarter worth about $39,000. Allworth Financial LP grew its position in ASE Technology by 42.5% during the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock valued at $41,000 after buying an additional 1,104 shares during the period. Finally, R Squared Ltd purchased a new stake in ASE Technology during the fourth quarter worth about $51,000. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Up 4.6 %

Shares of NYSE:ASX traded up $0.40 during trading on Friday, reaching $9.10. 10,830,689 shares of the stock were exchanged, compared to its average volume of 8,703,603. The stock has a fifty day moving average of $9.00 and a two-hundred day moving average of $9.78. ASE Technology has a 1-year low of $6.94 and a 1-year high of $12.86. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93. The firm has a market cap of $20.09 billion, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21.

ASE Technology (NYSE:ASX - Get Free Report) last posted its earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). The business had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. Research analysts anticipate that ASE Technology will post 0.76 earnings per share for the current fiscal year.

ASE Technology Company Profile

ASE Technology Holding Co, Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.

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