ASMPT Limited (OTCMKTS:ASMVY) Sees Large Drop in Short Interest

ASMPT Limited (OTCMKTS:ASMVY) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 800 shares, a decline of 33.3% from the March 31st total of 1,200 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 0.1 days.

ASMPT Price Performance

OTCMKTS:ASMVY traded up $2.44 during midday trading on Friday, hitting $39.07. 18,630 shares of the stock were exchanged, compared to its average volume of 7,573. ASMPT has a one year low of $22.15 and a one year high of $43.43. The business has a 50-day moving average price of $37.83 and a two-hundred day moving average price of $31.96.

ASMPT Company Profile

ASMPT Limited, an investment holding company, engages in the research, design, development, manufacture, and marketing of machine and tools used in the semiconductor and electronics assembly industries. It operates in two segments, Semiconductor Solutions and Surface Mount Technology Solutions. The Semiconductor Solutions segment offers wire and die bonders, encapsulation solutions, test handlers, clip bonders, CIS equipment, TCB and flip chip bonders, mold under fill, panel molding, silver sintering, and laser grooving and dicing.