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

ASMPT Limited (OTCMKTS:ASMVF) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 62,676 shares, a growth of 29.7% from the January 15th total of 48,322 shares. Based on an average daily trading volume, of 108 shares, the days-to-cover ratio is presently 580.3 days. Based on an average daily trading volume, of 108 shares, the days-to-cover ratio is presently 580.3 days.

ASMPT Price Performance

Shares of ASMVF stock opened at $13.44 on Tuesday. The company’s 50-day moving average price is $12.02 and its 200-day moving average price is $10.36. ASMPT has a twelve month low of $6.02 and a twelve month high of $14.92.

About ASMPT

ASM Pacific Technology Holdings Limited, traded under the OTCMKTS ticker ASMVF, is a global supplier of assembly and packaging equipment and related consumables for the semiconductor and electronics industries. The company designs, manufactures and delivers high-precision machinery that enables automated placement, soldering and inspection processes in electronic device production.

Through its Surface Mount Technology (SMT) segment, ASMPT offers a broad portfolio of pick-and-place machines, reflow soldering ovens, automated optical inspection systems and software platforms that support high-volume printed circuit board assembly.