Deswell Industries, Inc. (NASDAQ:DSWL) Sees Large Increase in Short Interest

Deswell Industries, Inc. (NASDAQ:DSWL) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 2,000 shares, an increase of 122.2% from the December 31st total of 900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,600 shares, the days-to-cover ratio is currently 0.2 days.

Deswell Industries Trading Up 0.4 %

Deswell Industries stock traded up $0.01 during midday trading on Friday, reaching $2.39. 1,999 shares of the company were exchanged, compared to its average volume of 8,533. The firm’s 50-day simple moving average is $2.48 and its 200-day simple moving average is $2.48. Deswell Industries has a 1 year low of $2.14 and a 1 year high of $2.74.

Deswell Industries Dividend Announcement

The business also recently disclosed a semi-annual dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were given a dividend of $0.10 per share. This represents a yield of 7.7%. The ex-dividend date was Monday, December 2nd.

About Deswell Industries

Deswell Industries, Inc manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.