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

Deswell Industries, Inc. (NASDAQ:DSWL) saw 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 trading volume, of 9,600 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Deswell Industries Stock Performance

Shares of NASDAQ DSWL traded up $0.01 during midday trading on Thursday, reaching $2.36. The stock had a trading volume of 8,729 shares, compared to its average volume of 13,941. The stock has a 50-day moving average of $2.52 and a 200-day moving average of $2.49. Deswell Industries has a 12-month low of $2.14 and a 12-month high of $2.74.

Deswell Industries Announces Dividend

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