Is Buying ASM PACIFIC TECHNOLOGY LTD ORDINARY SHAR (OTCMKTS:ASMVF) Here Good Idea?

September 16, 2018 - By Julie Barnes

The stock of ASM PACIFIC TECHNOLOGY LTD ORDINARY SHAR (OTCMKTS:ASMVF) registered an increase of 5.79% in short interest. ASMVF’s total short interest was 8.27 million shares in September as published by FINRA. Its up 5.79% from 7.81M shares, reported previously. With 5,800 shares average volume, it will take short sellers 1425 days to cover their ASMVF’s short positions.

It closed at $10.6 lastly. It is up 0.00% since September 16, 2017 and is . It has underperformed by 15.62% the S&P500.

ASM Pacific Technology 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. The company has market cap of $4.03 billion. It operates through three divisions: Back-end Equipment, Surface Mount Technology Solutions, and Materials. It has a 12.56 P/E ratio. The Back-end Equipment segment makes and markets a line of assembly and packaging equipment for the microelectronics, semiconductor, photonics, and optoelectronics industries.

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