Deswell Industries, Inc. (NASDAQ:DSWL) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,000 shares, an increase of 1,900.0% from the April 30th total of 100 shares. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.
NASDAQ DSWL opened at $2.90 on Wednesday. Deswell Industries has a one year low of $2.65 and a one year high of $3.53.
The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, July 12th. Shareholders of record on Tuesday, June 25th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Monday, June 24th. This is a positive change from Deswell Industries’s previous Semi-Annual dividend of $0.06.
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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 produces a range of plastic parts and components that are used in the manufacture of consumer and industrial products, which include plastic components of electronic entertainment products; cases for flashlights, telephones, paging machines, projectors, and alarm clocks; toner cartridges and cases for photocopy and printer machines; and parts for electrical products, such as air-conditioning and ventilators, as well as parts for audio equipment and cases, and key tops for personal organizers and remote controls; double injection caps and baby products; parts for medical products comprising apparatus for blood tests; laser key caps; and automobile components.
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