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

Planet Image International Limited (NASDAQ:YIBO) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 10,500 shares, a growth of 45.8% from the February 13th total of 7,200 shares. Based on an average trading volume of 1,530,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.6% of the company’s stock are short sold.

Planet Image International Stock Performance

Shares of NASDAQ:YIBO opened at $1.57 on Monday. The business has a fifty day moving average price of $2.52 and a 200-day moving average price of $2.98. Planet Image International has a 1-year low of $1.33 and a 1-year 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.