Short Interest in ASM International NV (OTCMKTS:ASMIY) Grows By 174.5%

Key Points

• Short interest surged 174.5% — short interest rose to 1,205 shares as of April 15 from 439 on March 31, with a days-to-cover of 0.1 based on average daily volume and shorts representing roughly 0.0% of shares outstanding.
• Quarterly results beat expectations — ASM reported EPS of $5.87 versus $4.58 expected and revenue of $1.01 billion versus $944.7 million, with a 31.07% net margin and 20.41% return on equity.
• Shares trade near $1,018.61 with a 12‑month range of $463.86–$1,023.76, a market cap of $49.79 billion and a P/E of 43.49; analyst consensus is a “Moderate Buy” based on mostly Buy/Strong Buy ratings.

ASM International NV (OTCMKTS:ASMIY - Get Free Report) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 1,205 shares, a growth of 174.5% from the March 31st total of 439 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 11,350 shares, the days-to-cover ratio is currently 0.1 days.

ASM International Stock Performance

Shares of ASMIY opened at $1,018.61 on Friday. ASM International has a twelve month low of $463.86 and a twelve month high of $1,023.76. The firm's 50 day moving average price is $834.31 and its two-hundred day moving average price is $726.44. The firm has a market cap of $49.79 billion, a P/E ratio of 43.49 and a beta of 1.92.

ASM International (OTCMKTS:ASMIY - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, beating analysts' consensus estimates of $4.58 by $1.29. ASM International had a net margin of 31.07% and a return on equity of 20.41%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $944.69 million. On average, sell-side analysts anticipate that ASM International will post 19.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ASMIY shares. Citigroup reissued a "buy" rating on shares of ASM International in a research note on Thursday. Barclays reissued an "overweight" rating on shares of ASM International in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of ASM International in a research note on Thursday. Jefferies Financial Group lowered shares of ASM International from a "moderate sell" rating to a "strong sell" rating in a research note on Wednesday, February 18th. Finally, BNP Paribas Exane raised shares of ASM International to an "outperform" rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

ASM International Company Profile

ASM International OTCMKTS: ASMIY is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM's product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.