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

Planet Image International Limited (NASDAQ:YIBO - Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 10,500 shares, an increase of 45.8% from the February 13th total of 7,200 shares. Based on an average daily trading volume, of 1,530,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.6% of the company's shares are sold short.

Planet Image International Price Performance

Shares of YIBO traded down $0.09 during mid-day trading on Wednesday, hitting $1.40. 22,105 shares of the company's stock traded hands, compared to its average volume of 562,263. The business's 50-day moving average price is $2.44 and its 200-day moving average price is $2.97. Planet Image International has a 1 year low of $1.33 and a 1 year 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.