Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Down 94.1% in August

Deswell Industries, Inc. (NASDAQ:DSWL) saw a large drop in short interest in August. As of August 15th, there was short interest totalling 200 shares, a drop of 94.1% from the July 31st total of 3,400 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is currently 0.0 days.

Deswell Industries Stock Up 0.5 %

Shares of NASDAQ DSWL traded up $0.01 during trading hours on Thursday, reaching $2.41. The stock had a trading volume of 2,184 shares, compared to its average volume of 8,360. The business’s fifty day moving average price is $2.42 and its two-hundred day moving average price is $2.35. Deswell Industries has a 52-week low of $2.12 and a 52-week high of $2.88.

Deswell Industries (NASDAQ:DSWL) last announced its quarterly earnings results on Thursday, June 20th. The technology company reported $0.48 EPS for the quarter. The firm had revenue of $69.37 million for the quarter.

Deswell Industries Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 5th were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, July 5th. This represents a dividend yield of 8.1%.

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