Short Interest in Deswell Industries, Inc. (NASDAQ:DSWL) Expands By 122.2%

Deswell Industries, Inc. (NASDAQ:DSWL) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,000 shares, an increase of 122.2% from the December 15th 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 Stock Performance

NASDAQ DSWL remained flat at $2.35 during mid-day trading on Thursday. 9,029 shares of the company were exchanged, compared to its average volume of 14,103. Deswell Industries has a 12-month low of $2.14 and a 12-month high of $2.74. The business has a 50-day simple moving average of $2.52 and a 200 day simple moving average of $2.49.

Deswell Industries Announces Dividend

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