Asml Holding NV (NASDAQ:ASML)’s Trend Up, Especially After Decreased Shorts

January 12, 2018 - By Hazel Jackson

 Asml Holding NV (NASDAQ:ASML)’s Trend Up, Especially After Decreased Shorts

The stock of Asml Holding NV (NASDAQ:ASML) registered a decrease of 2.8% in short interest. ASML’s total short interest was 2.99 million shares in January as published by FINRA. Its down 2.8% from 3.07 million shares, reported previously. With 1.09M shares average volume, it will take short sellers 3 days to cover their ASML’s short positions. The short interest to Asml Holding NV’s float is 0.8%.

The stock increased 1.47% or $2.62 during the last trading session, reaching $181.17. About 86,735 shares traded. ASML Holding N.V. (NASDAQ:ASML) has risen 44.52% since January 12, 2017 and is uptrending. It has outperformed by 27.82% the S&P500.

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems with a focus on lithography related systems primarily in the Netherlands, the United States, and Asia. The company has market cap of $77.17 billion. The firm offers TWINSCAN systems, which are equipped with i-line, krypton fluoride, and argon fluoride light sources for processing wafers for manufacturing environments for which imaging at a small resolution is required. It has a 41.58 P/E ratio. The Company’s TWINSCAN systems also include immersion lithography systems that place water between the wafer and a systemÂ’s projection lens to enhance focus and enable circuit line width to shrink to smaller dimensions.

ASML Holding N.V. (NASDAQ:ASML) Ratings Coverage

Among 16 analysts covering ASML Holding NV (NASDAQ:ASML), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. ASML Holding NV had 32 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ASML in report on Thursday, August 31 with “Hold” rating. The stock of ASML Holding N.V. (NASDAQ:ASML) has “Neutral” rating given on Wednesday, August 17 by Bank of America. The firm has “Neutral” rating by Citigroup given on Thursday, January 19. The stock of ASML Holding N.V. (NASDAQ:ASML) has “Buy” rating given on Friday, March 10 by UBS. UBS downgraded the stock to “Neutral” rating in Thursday, July 21 report. The company was maintained on Thursday, January 21 by B. Riley & Co. The stock of ASML Holding N.V. (NASDAQ:ASML) earned “Hold” rating by Deutsche Bank on Friday, January 22. The stock of ASML Holding N.V. (NASDAQ:ASML) earned “Buy” rating by Bank of America on Monday, December 19. The firm has “Add” rating by SNS Securities given on Tuesday, July 21. ABN Amro initiated the shares of ASML in report on Monday, January 30 with “Buy” rating.

More notable recent ASML Holding N.V. (NASDAQ:ASML) news were published by: Benzinga.com which released: “Qualcomm Among Most Vulnerable Companies If War Breaks Out Between North And …” on August 21, 2017, also Benzinga.com with their article: “ASML’s Earnings Set The Tone For Chip-Equipment Industry” published on July 23, 2017, Marketwatch.com published: “ASML Holding NV” on July 15, 2009. More interesting news about ASML Holding N.V. (NASDAQ:ASML) were released by: 247Wallst.com and their article: “5 Top Tech Companies That Will Benefit From Huge Chip Breakthrough” published on August 18, 2015 as well as Seekingalpha.com‘s news article titled: “ASML Holding NV Does Not Show Catalysts For Further Growth In Valuation” with publication date: April 05, 2017.

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