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

Deswell Industries, Inc. (NASDAQ:DSWL) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 2,200 shares, a growth of 29.4% from the March 15th total of 1,700 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 13,900 shares, the days-to-cover ratio is currently 0.2 days.

Deswell Industries Stock Performance

Shares of DSWL traded down $0.01 during mid-day trading on Friday, hitting $2.25. 2,537 shares of the company traded hands, compared to its average volume of 10,920. The business has a 50 day moving average of $2.33 and a 200 day moving average of $2.44. Deswell Industries has a 1-year low of $2.15 and a 1-year high of $2.74.

Institutional Trading of Deswell Industries

An institutional investor recently bought a new position in Deswell Industries stock. Garde Capital Inc. acquired a new stake in shares of Deswell Industries, Inc. (NASDAQ:DSWL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 83,048 shares of the technology company’s stock, valued at approximately $198,000. Garde Capital Inc. owned about 0.52% of Deswell Industries at the end of the most recent reporting period.

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.