Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Update

Key Points

• Deswell Industries, Inc. (NASDAQ:DSWL) experienced a significant increase in short interest, rising by 118.2% in August to a total of 19,200 shares.
• Garde Capital Inc. purchased 83,048 shares of Deswell Industries stock, valued at around $198,000, during the 4th quarter, representing approximately 0.52% ownership.
• The company declared a semi-annual dividend of $0.10 per share, with a remarkable yield of 820.0% based on the recent payout.

Deswell Industries, Inc. (NASDAQ:DSWL - ) saw a large growth in short interest in August. As of August 15th, there was short interest totaling 19,200 shares, agrowthof118.2% from the July 31st total of 8,800 shares. Currently,0.4% of the shares of the company are sold short. Based on an average daily volume of 25,500 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 25,500 shares, the short-interest ratio is currently 0.8 days. Currently,0.4% of the shares of the company are sold short.

Institutional Trading of Deswell Industries

A hedge fund recently bought a new stake in Deswell Industries stock. Garde Capital Inc. acquired a new stake in Deswell Industries, Inc. (NASDAQ:DSWL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 83,048 shares of the technology company's stock, valued at approximately $198,000. Garde Capital Inc. owned about 0.52% of Deswell Industries at the end of the most recent reporting period.

Deswell Industries Trading Down 1.9%

DSWL stock opened at $4.22 on Friday. The firm has a 50 day moving average of $3.16 and a 200 day moving average of $2.61. Deswell Industries has a 52 week low of $1.93 and a 52 week high of $4.48.

Deswell Industries Dividend Announcement

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, July 17th. Shareholders of record on Thursday, July 3rd were paid a dividend of $0.10 per share. This represents a yield of 820.0%. The ex-dividend date was Thursday, July 3rd.

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

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