Short Interest in Planet Image International Limited (NASDAQ:YIBO) Decreases By 60.6%

Planet Image International Limited (NASDAQ:YIBO - Get Free Report) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 12,500 shares, a decrease of 60.6% from the November 15th total of 31,700 shares. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is currently 0.5 days. Approximately 0.7% of the shares of the company are sold short.

Planet Image International Stock Performance

Shares of YIBO stock traded down $0.30 during trading hours on Thursday, reaching $3.43. 4,535 shares of the company's stock were exchanged, compared to its average volume of 171,880. The company's 50 day moving average is $3.43 and its two-hundred day moving average is $2.74. Planet Image International has a 1 year low of $1.80 and a 1 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.