ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY - Get Free Report) experienced a significant rise in short interest during January. By January 31st, short interest had reached 2,300 shares, marking a 27.8% increase from the 1,800 shares recorded on January 15th. With an average daily trading volume of 20,400 shares, the current short-interest ratio stands at 0.1 days.

ASM International Stock Performance

On a recent trading day, ASM International's stock rose by 1.2%, reaching a price of $599.18. The session saw a trading volume of 3,106 shares, which is lower than the average volume of 10,227 shares. The company’s fifty-day moving average price was $587.31, while the two-hundred-day moving average price stood at $598.32. Over the past year, the stock has fluctuated between a low of $510.81 and a high of $813.23. Currently, ASM International has a market capitalization of $29.41 billion, a price-to-earnings ratio of 49.56, and a beta of 1.60.

Analysts and Price Targets

In a separate development, BNP Paribas initiated coverage of ASM International shares in a research note dated December 3rd. They assigned a “neutral” rating along with a price target of $561.00 for the stock.

About ASM International

ASM International NV, along with its subsidiaries, is involved in the research, development, manufacturing, marketing, and servicing of equipment and materials necessary for the production of semiconductor devices across Europe, the United States, and Asia. The company’s product range includes wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma-enhanced chemical vapor deposition (PECVD), and vertical furnace systems. These cover low-pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as spare parts and support services.

Investing Insights

Before making any investment decision regarding ASM International, it is advisable to explore other options that may be recommended by top analysts. While ASM International currently holds a “Buy” rating, analysts have also pointed out other stocks that could present better investment opportunities at this time.

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