ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY - Get Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 3,200 shares, a drop of 54.3% from the April 30th total of 7,000 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company's shares are short sold.

Analyst Ratings Changes

Several research firms recently issued reports on ASMIY. UBS Group raised ASM International from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 21st. 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, HSBC upgraded shares of ASM International to a "buy" rating in a report on Friday, May 2nd. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $561.00.

ASM International Trading Down 4.5%

OTCMKTS:ASMIY traded down $25.56 during trading hours on Friday, reaching $538.18. 12,937 shares of the company traded hands, compared to its average volume of 8,617. The business's 50-day moving average price is $488.85 and its two-hundred day moving average price is $535.61. The stock has a market capitalization of $26.42 billion, a P/E ratio of 44.51 and a beta of 1.82. ASM International has a 1 year low of $372.61 and a 1 year high of $813.23.

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

ASM International Increases Dividend

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

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.