Planet Image International Limited (NASDAQ:YIBO) Short Interest Down 37.5% in December

Planet Image International Limited (NASDAQ:YIBO) 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. Based on an average daily volume of 20,000 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

Planet Image International Stock Performance

Shares of YIBO stock opened at $3.33 on Thursday. The firm has a fifty day simple moving average of $3.57 and a 200-day simple moving average of $2.97. Planet Image International has a twelve month low of $1.80 and a twelve month high of $7.83.

Planet Image International Company Profile

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.