Planet Image International Limited (NASDAQ:YIBO) Short Interest Up 2,851.1% in January

Planet Image International Limited (NASDAQ:YIBO) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 132,800 shares, a growth of 2,851.1% from the January 15th total of 4,500 shares. Approximately 7.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,520,000 shares, the days-to-cover ratio is presently 0.1 days.

Planet Image International Price Performance

Shares of NASDAQ:YIBO opened at $2.12 on Friday. Planet Image International has a 1 year low of $1.80 and a 1 year high of $17.47. The business’s 50 day simple moving average is $3.32 and its 200 day simple moving average is $3.13.

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.