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

Deswell Industries, Inc. (NASDAQ:DSWL) saw 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 company’s stock are short sold. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 0.2 days.

Deswell Industries Stock Up 0.2 %

Shares of DSWL stock traded up $0.01 on Wednesday, hitting $2.40. 913 shares of the stock were exchanged, compared to its average volume of 9,229. Deswell Industries has a fifty-two week low of $2.14 and a fifty-two week high of $2.74. The business has a 50-day moving average of $2.48 and a 200 day moving average of $2.48.

Deswell Industries Announces Dividend

The company also recently declared a semi-annual dividend, which was paid on Monday, December 23rd. Shareholders 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.