Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Up 300.0% in August

Deswell Industries, Inc. (NASDAQ:DSWL) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 800 shares, a growth of 300.0% from the August 15th total of 200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 10,700 shares, the short-interest ratio is presently 0.1 days.

Deswell Industries Trading Up 1.6 %

Shares of NASDAQ DSWL traded up $0.04 during trading on Friday, reaching $2.48. 810 shares of the stock were exchanged, compared to its average volume of 8,482. The business’s 50-day moving average price is $2.40 and its 200 day moving average price is $2.36. Deswell Industries has a twelve month low of $2.12 and a twelve month high of $2.88.

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

Deswell Industries Announces Dividend

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

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