Planet Image International Limited (NASDAQ:YIBO) Sees Significant Increase in Short Interest

Planet Image International Limited (NASDAQ:YIBO) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 12,700 shares, a growth of 21.0% from the February 28th total of 10,500 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is presently 0.0 days.

Planet Image International Stock Down 5.9 %

Shares of NASDAQ YIBO opened at $1.11 on Friday. Planet Image International has a 1-year low of $1.11 and a 1-year high of $17.47. The business’s fifty day moving average price is $1.96 and its two-hundred day moving average price is $2.85.

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.