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

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

Deswell Industries Trading Up 0.4 %

Shares of DSWL traded up $0.01 during mid-day trading on Friday, reaching $2.59. The company’s stock had a trading volume of 2,185 shares, compared to its average volume of 8,563. Deswell Industries has a 12-month low of $2.12 and a 12-month high of $2.88. The company’s 50 day moving average is $2.49 and its 200 day moving average is $2.43.

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.