BE Semiconductor Industries NV (OTCMKTS:BESIY) Short Interest Update

BE Semiconductor Industries NV (OTCMKTS:BESIY) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 3,038 shares, a decrease of 87.7% from the February 12th total of 24,601 shares. Based on an average daily volume of 18,685 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 18,685 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Several equities analysts have commented on BESIY shares. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 13th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of BE Semiconductor Industries in a research note on Sunday, January 4th. Needham & Company LLC upgraded shares of BE Semiconductor Industries to a “buy” rating in a report on Tuesday, January 6th. Citigroup reiterated a “neutral” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 20th. Finally, Berenberg Bank upgraded BE Semiconductor Industries to a “hold” rating in a research report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

BE Semiconductor Industries Price Performance

BE Semiconductor Industries stock traded up $0.67 during midday trading on Tuesday, hitting $200.27. The company’s stock had a trading volume of 5,611 shares, compared to its average volume of 9,296. The company has a debt-to-equity ratio of 1.46, a current ratio of 5.75 and a quick ratio of 5.02. The stock’s 50-day moving average price is $201.00 and its 200-day moving average price is $169.98. BE Semiconductor Industries has a 12 month low of $88.02 and a 12 month high of $235.17.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.