Deswell Industries, Inc. (NASDAQ:DSWL) Sees Large Decline in Short Interest

Deswell Industries, Inc. (NASDAQ:DSWL) saw a significant drop in short interest in January. As of January 31st, there was short interest totalling 2,200 shares, a drop of 38.9% from the January 15th total of 3,600 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 11,600 shares, the days-to-cover ratio is presently 0.2 days.

Deswell Industries Trading Up 4.3 %

DSWL opened at $2.41 on Friday. The business’s 50-day moving average is $2.41 and its two-hundred day moving average is $2.47. Deswell Industries has a 1 year low of $2.14 and a 1 year high of $2.74.

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 in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.