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

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

ASMPT Stock Performance

ASMPT stock traded up $2.44 during mid-day trading on Friday, hitting $39.07. 18,630 shares of the company’s stock were exchanged, compared to its average volume of 7,573. ASMPT has a fifty-two week low of $22.15 and a fifty-two week high of $43.43. The company’s 50 day simple moving average is $37.83 and its 200-day simple moving average is $31.92.

About ASMPT

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.