ASM International NV (OTCMKTS:ASMIY) Sees Large Decline in Short Interest

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented 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 ASM International from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. Finally, HSBC upgraded 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 given a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $561.00.

ASM International Stock Up 0.4%

Shares of ASM International stock traded up $1.96 during trading on Tuesday, reaching $546.12. The company's stock had a trading volume of 6,014 shares, compared to its average volume of 8,597. The company has a market cap of $26.81 billion, a price-to-earnings ratio of 45.17 and a beta of 1.82. ASM International has a 1-year low of $372.61 and a 1-year high of $813.23. The company has a 50-day simple moving average of $490.10 and a two-hundred day simple moving average of $535.57.

ASM International (OTCMKTS:ASMIY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $4.11 EPS for the quarter, missing analysts' consensus estimates 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 analyst estimates of $1 billion. As a group, analysts anticipate that ASM International will post 14.46 earnings per share for the current year.

ASM International Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 21st. Shareholders 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%.

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.