Short Interest in Deswell Industries, Inc. (NASDAQ:DSWL) Increases By 633.3%

Deswell Industries, Inc. (NASDAQ:DSWL) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 2,200 shares, a growth of 633.3% from the September 30th total of 300 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Deswell Industries Trading Up 0.4 %

Shares of NASDAQ DSWL traded up $0.01 during mid-day trading on Friday, reaching $2.59. The company had a trading volume of 2,179 shares, compared to its average volume of 8,563. Deswell Industries has a 52 week low of $2.12 and a 52 week high of $2.88. The business’s 50-day moving average is $2.49 and its 200-day moving average is $2.43.

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.