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

Deswell Industries, Inc. (NASDAQ:DSWL - Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 19,600 shares, an increase of 100.0% from the August 31st total of 9,800 shares. Based on an average daily volume of 28,900 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 28,900 shares, the short-interest ratio is currently 0.7 days.Get Deswell Industries alerts:Wall Street Analysts Forecast GrowthSeparately, Weiss Ratings reissued a "buy (b)" rating on shares of Deswell Industries in a research report on Saturday, September 27th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Deswell Industries presently has an average rating of "Buy".Read Our Latest Stock Analysis on Deswell IndustriesDeswell Industries Stock Up 0.3%DSWL stock traded up $0.01 during mid-day trading on Friday, hitting $3.96. The company had a trading volume of 17,465 shares, compared to its average volume of 24,293. Deswell Industries has a 12-month low of $1.93 and a 12-month high of $4.48. The company has a 50-day moving average price of $3.67 and a 200 day moving average price of $2.86. Deswell Industries Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than Deswell IndustriesLow PE Growth Stocks: Unlocking Investment Opportunities3 Industrial Stocks Ready to Benefit From Fed Cuts and SpendingMost Volatile Stocks, What Investors Need to KnowA Copper Catalyst: Why Freeport-McMoRan Is Positioned to ReboundWhy is the Ex-Dividend Date Significant to Investors?MarketBeat Week in Review – 09/29 - 10/03This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Deswell Industries Right Now?Before you consider Deswell Industries, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deswell Industries wasn't on the list.While Deswell Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here