Short Interest in Deswell Industries, Inc. (NASDAQ:DSWL) Rises By 14.3%

Deswell Industries, Inc. (NASDAQ:DSWL) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,200 shares, a growth of 14.3% from the March 31st total of 2,800 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Deswell Industries Stock Down 0.4 %

Shares of NASDAQ DSWL traded down $0.01 during mid-day trading on Monday, reaching $2.29. 5,512 shares of the company’s stock traded hands, compared to its average volume of 6,888. The business has a 50-day simple moving average of $2.24 and a 200 day simple moving average of $2.39. Deswell Industries has a 1-year low of $2.12 and a 1-year high of $2.89.

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.