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

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. Based on an average daily volume of 1,520,000 shares, the short-interest ratio is currently 0.1 days. Approximately 7.5% of the company’s stock are sold short.

Planet Image International Price Performance

Shares of YIBO opened at $2.25 on Thursday. The business’s 50 day moving average price is $3.35 and its 200-day moving average price is $3.13. Planet Image International has a 52 week low of $1.80 and a 52 week 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.