Planet Image International (YIBO) Short Interest Ratio & Short Volume

Short interest is the volume of Planet Image International shares that have been sold short but have not yet been closed out or covered. As of November 30th, traders have sold 12,500 shares of YIBO short. 0.70% of Planet Image International's shares are currently sold short. Learn More on Planet Image International's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.70% of Planet Image International's floating shares are currently sold short.

Planet Image International saw a decline in short interest in November. As of November 30th, there was short interest totaling 12,500 shares, a decline of 60.6% from the previous total of 31,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Planet Image International currently has issued a total of 53,880,000 shares. Some of Planet Image International's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Planet Image International currently has a public float of 1,780,000 shares.

0.70% of Planet Image International's shares are currently sold short. Here is how the short interest of companies in the industry of "machinery" compare to Planet Image International: Montana Technologies Co. (1.11%), Ouster, Inc. (10.35%), Taylor Devices, Inc. (3.71%), Palladyne AI Corp. (13.62%), Perma-Pipe International Holdings, Inc. (0.44%), Drilling Tools International Co. (3.08%), Desktop Metal, Inc. (13.00%), A2Z Smart Technologies Corp. (1.52%), Profire Energy, Inc. (0.32%), Manitex International, Inc. (0.76%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

Short selling YIBO is an investing strategy that aims to generate trading profit from Planet Image International as its price is falling. YIBO shares are trading up $0.67 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Planet Image International occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of YIBO, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including YIBO, twice per month. The most recent reporting period available is November, 30 2024.