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

Planet Image International Limited (NASDAQ:YIBO) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 34,800 shares, a drop of 21.4% from the October 15th total of 44,300 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 36,300 shares, the days-to-cover ratio is presently 1.0 days.

Planet Image International Stock Performance

Shares of YIBO opened at $3.70 on Friday. Planet Image International has a 52-week low of $1.80 and a 52-week high of $7.83. The company has a 50-day simple moving average of $3.03 and a 200-day simple moving average of $2.53.

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.