Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Down 91.9% in April

Deswell Industries, Inc. (NASDAQ:DSWLGet Rating) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a decline of 91.9% from the March 31st total of 3,700 shares. Based on an average trading volume of 5,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Shares of DSWL traded down $0.06 during trading hours on Wednesday, hitting $3.47. The stock had a trading volume of 3 shares, compared to its average volume of 5,902. Deswell Industries has a 12 month low of $3.40 and a 12 month high of $5.60. The firm has a fifty day moving average price of $3.75.

A hedge fund recently bought a new stake in Deswell Industries stock. Citadel Advisors LLC purchased a new stake in shares of Deswell Industries, Inc. (NASDAQ:DSWLGet Rating) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,955 shares of the technology company’s stock, valued at approximately $52,000. Citadel Advisors LLC owned 0.07% of Deswell Industries as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 62.50% of the company’s stock.

About Deswell Industries (Get Rating)

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 in two segments, Plastic Injection Molding and Electronic Products Assembling.

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