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

Deswell Industries, Inc. (NASDAQ:DSWL) was the recipient of a significant increase in short interest in the month of 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. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is currently 0.2 days.

Deswell Industries Price Performance

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

Deswell Industries Dividend Announcement

The firm also recently announced a semi-annual dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd were issued a $0.10 dividend. 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.