Short Interest in Deswell Industries, Inc. (NASDAQ:DSWL) Drops By 85.7%

Deswell Industries, Inc. (NASDAQ:DSWL) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 300 shares, a drop of 85.7% from the October 31st total of 2,100 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Deswell Industries Trading Up 1.1 %

Shares of NASDAQ DSWL traded up $0.03 during midday trading on Wednesday, reaching $2.67. The company had a trading volume of 4,668 shares, compared to its average volume of 8,417. Deswell Industries has a 1 year low of $2.14 and a 1 year high of $2.88. The business’s 50-day simple moving average is $2.58 and its 200 day simple moving average is $2.48.

Deswell Industries Dividend Announcement

The company also recently announced a semi-annual dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 2nd will be paid a $0.10 dividend. The ex-dividend date is Monday, December 2nd. This represents a yield of 7.7%.

Deswell Industries Company Profile

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.