Planet Image International Limited (NASDAQ:YIBO) Sees Significant Increase in Short Interest

Planet Image International Limited (NASDAQ:YIBO - Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 44,300 shares, a growth of 148.9% from the September 30th total of 17,800 shares. Based on an average daily volume of 517,600 shares, the short-interest ratio is currently 0.1 days. Approximately 2.5% of the shares of the company are short sold.

Planet Image International Stock Performance

Shares of NASDAQ:YIBO traded up $0.06 on Friday, hitting $2.84. 9,955 shares of the company were exchanged, compared to its average volume of 198,479. The company's 50 day moving average price is $2.76 and its two-hundred day moving average price is $2.40. Planet Image International has a one year low of $1.80 and a one year 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.