Planet Image International Limited (NASDAQ:YIBO) Short Interest Update

Planet Image International Limited (NASDAQ:YIBO) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 5,500 shares, a decrease of 37.5% from the December 31st total of 8,800 shares. Based on an average trading volume of 20,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

Planet Image International Stock Performance

Shares of YIBO opened at $3.25 on Friday. The company’s 50 day simple moving average is $3.52 and its 200-day simple moving average is $3.08. Planet Image International has a 12-month low of $1.80 and a 12-month high of $17.47.

Planet Image International Company Profile

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.