Short Interest in Planet Image International Limited (NASDAQ:YIBO) Drops By 94.6%

Planet Image International Limited (NASDAQ:YIBO) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 7,200 shares, a decline of 94.6% from the January 31st total of 132,800 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,530,000 shares, the days-to-cover ratio is presently 0.0 days.

Planet Image International Price Performance

YIBO stock opened at $1.67 on Friday. Planet Image International has a one year low of $1.67 and a one year high of $17.47. The company’s fifty day moving average price is $2.97 and its 200-day moving average price is $3.04.

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.