BE Semiconductor Industries (OTCMKTS:BESIY) Short Interest Down 37.5% in December

BE Semiconductor Industries (OTCMKTS:BESIY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,500 shares, a decline of 37.5% from the December 15th total of 2,400 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 0.5 days.

BE Semiconductor Industries Stock Performance

Shares of BESIY opened at $143.25 on Wednesday. The company has a market capitalization of $10.39 billion, a PE ratio of 58.95 and a beta of 1.72. The company has a debt-to-equity ratio of 1.13, a quick ratio of 6.12 and a current ratio of 6.86. The company’s 50 day moving average price is $129.75 and its 200 day moving average price is $132.08. BE Semiconductor Industries has a 52 week low of $105.53 and a 52 week high of $195.34.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its quarterly earnings results on Thursday, October 24th. The technology company reported $0.65 EPS for the quarter. BE Semiconductor Industries had a net margin of 28.93% and a return on equity of 39.36%. The business had revenue of $172.08 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.