Newest Short Interest Filing: Is Deswell Industries Incorporated (NASDAQ:DSWL)’s Fuel Running High? Reports Show Less Sellers

December 1, 2016 - By Vivian Park   ·   0 Comments

Newest Short Interest Filing: Is Deswell Industries Incorporated (NASDAQ:DSWL)’s Fuel Running High? Reports Show Less Sellers

The stock of Deswell Industries Incorporated (NASDAQ:DSWL) registered a decrease of 78.91% in short interest. DSWL’s total short interest was 2,700 shares in December as published by FINRA. Its down 78.91% from 12,800 shares, reported previously. With 9,300 shares average volume, it will take short sellers 0 days to cover their DSWL’s short positions. The short interest to Deswell Industries Incorporated’s float is 0.03%. About 8,501 shares traded hands. Deswell Industries, Inc. (NASDAQ:DSWL) has risen 7.14% since April 28, 2016 and is uptrending. It has outperformed by 1.22% the S&P500.

Deswell Industries, Inc. is engaged in the manufacturing and selling of injection-molded plastic parts and components. The company has a market cap of $28.67 million. The Firm also provides manufacturing services for electronic products and subassemblies, and makes metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. It currently has negative earnings. The Company’s divisions include plastic injection molding and electronic products assembling.

DSWL Company Profile

Deswell Industries, Inc., incorporated on December 2, 1993, is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Firm also provides manufacturing services for electronic products and subassemblies, and makes metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers. The Company’s divisions include plastic injection molding and electronic products assembling. The Firm produces a range of plastic parts and components that are used in the manufacture of consumer and industrial products, using various plastic injection technologies, such as film injection, integrated injection and insert injection. The Company’s products include plastic components of electronic entertainment products; cases for flashlights, telephones, paging machines, projectors and alarm clocks; toner cartridges and cases for photocopy and printer machines; parts for electrical products, such as air-conditioning and ventilators; parts for audio equipment; cases and key tops for personal organizers and remote controls; double injection caps and baby products; parts for medical products, such as apparatus for blood tests; laser key caps, and automobile components.

More news for Deswell Industries, Inc. (NASDAQ:DSWL) were recently published by: Seekingalpha.com, which released: “Investing With An Edge: Deswell Industries” on November 06, 2015. Thestreet.com‘s article titled: “Deswell Industries (DSWL) Downgraded From Hold to Sell” and published on January 12, 2015 is yet another important article.

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By Vivian Park


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