Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Down 68.9% in February

Deswell Industries, Inc. (NASDAQ:DSWL) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 1,900 shares, a drop of 68.9% from the February 13th total of 6,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is currently 0.1 days.

Deswell Industries Stock Performance

Deswell Industries stock remained flat at $2.33 during midday trading on Friday. 17,264 shares of the company were exchanged, compared to its average volume of 9,682. Deswell Industries has a 1 year low of $2.14 and a 1 year high of $2.74. The business has a 50-day moving average of $2.37 and a two-hundred day moving average of $2.47.

Hedge Funds Weigh In On Deswell Industries

An institutional investor recently bought a new position in Deswell Industries stock. Garde Capital Inc. acquired a new stake in Deswell Industries, Inc. (NASDAQ:DSWL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 83,048 shares of the technology company’s stock, valued at approximately $198,000. Garde Capital Inc. owned approximately 0.52% of Deswell Industries as of its most recent filing with the Securities and Exchange Commission.

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.