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

Deswell Industries, Inc. (NASDAQ:DSWL) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 2,000 shares, a growth of 122.2% from the December 15th total of 900 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Deswell Industries Stock Performance

NASDAQ DSWL remained flat at $2.36 on Tuesday. The company’s stock had a trading volume of 3,048 shares, compared to its average volume of 16,181. Deswell Industries has a 52-week low of $2.14 and a 52-week high of $2.74. The stock’s 50 day moving average price is $2.52 and its two-hundred day moving average price is $2.49.

Deswell Industries Dividend Announcement

The company also recently announced a semi-annual dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was 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.