Planet Image International Limited (NASDAQ:YIBO) Sees Large Drop in Short Interest

Planet Image International Limited (NASDAQ:YIBO) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 12,500 shares, a decline of 60.6% from the November 15th total of 31,700 shares. Based on an average daily trading volume, of 27,200 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.7% of the shares of the stock are short sold.

Planet Image International Stock Performance

NASDAQ:YIBO opened at $3.73 on Thursday. Planet Image International has a 1-year low of $1.80 and a 1-year high of $7.83. The business has a 50 day moving average of $3.41 and a 200 day moving average of $2.73.

About Planet Image International

Planet Image International Limited, through its subsidiaries, manufactures and sells compatible toner cartridges on a white-label or third-party brand basis in the People's Republic of China and internationally. The company also sells branded products through online sales channels under the TrueImage, CoolToner, and AZtech brands.