ASMPT Limited (OTCMKTS:ASMVF) Sees Significant Decline in Short Interest

ASMPT Limited (OTCMKTS:ASMVFGet Rating) was the recipient of a large drop in short interest during the month of December. As of December 30th, there was short interest totalling 365,900 shares, a drop of 11.6% from the December 15th total of 413,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 3,659.0 days.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised ASMPT from a “neutral” rating to an “overweight” rating in a report on Thursday, November 17th.

ASMPT Trading Up 9.0 %

Shares of OTCMKTS ASMVF opened at $8.12 on Monday. ASMPT has a twelve month low of $7.01 and a twelve month high of $10.13. The stock has a 50 day moving average of $7.17 and a two-hundred day moving average of $7.50.

ASMPT Company Profile

(Get Rating)

ASMPT Limited, an investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industries worldwide. It operates through Semiconductor Solutions and Surface Mount Technology Solutions segments. The company provides deposition process equipment, wafer separation equipment, AOI/FOL equipment, die attach equipment, wire bonding equipment, dispensing equipment, encapsulation solutions equipment, and CIS equipment.

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