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

Planet Image International Limited (NASDAQ:YIBO) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 10,500 shares, an increase 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 shares are short sold.

Planet Image International Trading Down 5.8 %

Shares of YIBO stock opened at $1.47 on Tuesday. The firm’s 50-day simple moving average is $2.48 and its 200-day simple moving average is $2.98. Planet Image International has a 1-year low of $1.33 and a 1-year high of $17.47.

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.