Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Down 70.4% in January

Deswell Industries, Inc. (NASDAQ:DSWLGet Free Report) saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 800 shares, a decrease of 70.4% from the January 15th total of 2,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is currently 0.1 days.

Deswell Industries Stock Performance

NASDAQ DSWL remained flat at $2.32 on Monday. 7,041 shares of the company’s stock were exchanged, compared to its average volume of 8,577. Deswell Industries has a 52 week low of $2.12 and a 52 week high of $3.09. The business has a fifty day moving average price of $2.55 and a 200 day moving average price of $2.48.

Deswell Industries Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, December 21st. Shareholders of record on Friday, December 1st were issued a $0.10 dividend. This represents a yield of 7.5%. The ex-dividend date was Thursday, November 30th.

Institutional Investors Weigh In On Deswell Industries

A hedge fund recently bought a new stake in Deswell Industries stock. Susquehanna International Group LLP purchased a new stake in Deswell Industries, Inc. (NASDAQ:DSWLFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 19,404 shares of the technology company’s stock, valued at approximately $61,000. Susquehanna International Group LLP owned about 0.12% of Deswell Industries at the end of the most recent quarter.

About Deswell Industries

(Get Free Report)

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 through two segments, Plastic Injection Molding and Electronic Products Assembling.

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