Planet Image International Limited (NASDAQ:YIBO) Short Interest Update

Planet Image International Limited (NASDAQ:YIBO) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 132,828 shares, a growth of 126.1% from the February 12th total of 58,745 shares. Based on an average daily volume of 2,218,895 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 2,218,895 shares, the days-to-cover ratio is currently 0.1 days.

Planet Image International Stock Performance

Shares of NASDAQ:YIBO opened at $1.00 on Friday. Planet Image International has a 12-month low of $0.72 and a 12-month high of $2.69. The business has a 50 day moving average of $0.99 and a 200-day moving average of $1.14.

Institutional Trading of Planet Image International

A hedge fund recently bought a new stake in Planet Image International stock. SmartHarvest Portfolios LLC acquired a new stake in Planet Image International Limited (NASDAQ:YIBO) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 32,600 shares of the company’s stock, valued at approximately $31,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Planet Image International in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Planet Image International Company Profile

Planet Image International, Inc (NASDAQ: YIBO) is a provider of digital printing solutions focused on the issuance of secure identification and promotional cards. Through its PIID Solutions division, the company develops, manufactures and distributes desktop and inline card printers, consumables such as ribbons and laminates, as well as photo capture and card design software. Its offerings support a range of use cases including employee badges, student and visitor ID cards, event passes and loyalty cards.

In addition to its core hardware and consumable products, Planet Image International delivers professional services that encompass system integration, on-site installation, technical support and user training.