Planet Image International Limited (NASDAQ:YIBO) Sees Large Drop in Short Interest

Posted by Trent Williams on Jan 14th, 2025

Planet Image International Limited (NASDAQ:YIBO – Get Free Report) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 5,500 shares, a decline of 37.5% from the December 15th total of 8,800 shares. Approximately 0.3% of the shares of the stock are sold short. 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 NASDAQ YIBO opened at $3.07 on Tuesday. Planet Image International has a 1 year low of $1.80 and a 1 year high of $7.83. The firm has a fifty day moving average price of $3.58 and a 200-day moving average price of $2.95.

Planet Image International Company Profile

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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.