Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Up 122.2% in January

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

Deswell Industries Price Performance

NASDAQ DSWL traded up $0.01 on Friday, hitting $2.39. 1,999 shares of the company were exchanged, compared to its average volume of 8,535. Deswell Industries has a twelve month low of $2.14 and a twelve month high of $2.74. The company’s 50 day moving average price is $2.48 and its 200-day moving average price is $2.48.

Deswell Industries Dividend Announcement

The business also recently declared a semi-annual dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd were given 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.