Posted by admin on Aug 12th, 2022

Deswell Industries, Inc. (NASDAQ:DSWL – Get Rating) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 2,800 shares, a growth of 1,300.0% from the July 15th total of 200 shares. Based on an average daily trading volume, of 5,400 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

DSWL opened at $3.19 on Friday. The stock’s 50 day moving average price is $3.17 and its two-hundred day moving average price is $3.49. Deswell Industries has a 12-month low of $3.00 and a 12-month high of $5.20.

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were issued a $0.10 dividend. This represents a yield of 6.1%. The ex-dividend date of this dividend was Wednesday, June 29th.

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. It operates in two segments, Plastic Injection Molding and Electronic Products Assembling.

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