Short Interest in Planet Image International Limited (NASDAQ:YIBO) Declines By 37.5%

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

Planet Image International Price Performance

Shares of YIBO opened at $3.25 on Friday. Planet Image International has a 1 year low of $1.80 and a 1 year high of $17.47. The company’s fifty day moving average is $3.52 and its two-hundred day moving average is $3.08.

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.