ASM International NV (OTCMKTS:ASMIY) Sees Significant Drop in Short Interest

ASM International NV (OTCMKTS:ASMIY - Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 1,100 shares, a decline of 65.6% from the May 15th total of 3,200 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 39,300 shares, the short-interest ratio is currently 0.0 days.

ASM International Trading Up 0.9%

Shares of ASMIY traded up $5.40 on Monday, reaching $602.97. The company's stock had a trading volume of 4,362 shares, compared to its average volume of 9,191. ASM International has a twelve month low of $372.61 and a twelve month high of $813.23. The stock has a market capitalization of $29.60 billion, a PE ratio of 49.87 and a beta of 1.82. The firm has a fifty day moving average of $522.11 and a 200-day moving average of $539.77.

ASM International (OTCMKTS:ASMIY - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $4.11 EPS for the quarter, missing the consensus estimate of $4.23 by ($0.12). ASM International had a return on equity of 17.10% and a net margin of 19.98%. The firm had revenue of $955.30 million for the quarter, compared to the consensus estimate of $1 billion. As a group, equities analysts anticipate that ASM International will post 14.46 EPS for the current fiscal year.

ASM International Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 21st. Stockholders of record on Friday, May 16th were paid a dividend of $2.6456 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a dividend yield of 0.49%. This is a positive change from ASM International's previous dividend of $2.56. ASM International's dividend payout ratio (DPR) is presently 26.75%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ASMIY shares. Barclays upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 3rd. HSBC upgraded shares of ASM International to a "buy" rating in a report on Friday, May 2nd. Hsbc Global Res upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. Finally, UBS Group upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 21st. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and five have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Strong Buy" and an average target price of $561.00.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company's products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.