Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Update

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

Deswell Industries Price Performance

Shares of DSWL stock traded up $0.01 during mid-day trading on Thursday, hitting $2.36. The stock had a trading volume of 8,729 shares, compared to its average volume of 13,941. Deswell Industries has a 12-month low of $2.14 and a 12-month high of $2.74. The firm’s 50-day moving average is $2.52 and its two-hundred day moving average is $2.49.

Deswell Industries Dividend Announcement

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

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.