Short Interest in Deswell Industries, Inc. (NASDAQ:DSWL) Declines By 85.7%

Deswell Industries, Inc. (NASDAQ:DSWL) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 300 shares, a drop of 85.7% from the October 31st total of 2,100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is presently 0.0 days.

Deswell Industries Stock Up 1.9 %

Shares of NASDAQ:DSWL traded up $0.05 on Friday, hitting $2.72. 5,295 shares of the company’s stock were exchanged, compared to its average volume of 8,401. The business’s 50 day simple moving average is $2.58 and its two-hundred day simple moving average is $2.48. Deswell Industries has a 12 month low of $2.14 and a 12 month high of $2.77.

Deswell Industries Announces Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a dividend 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.