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

Planet Image International Limited (NASDAQ:YIBO) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 34,800 shares, a decline of 21.4% from the October 15th total of 44,300 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average trading volume of 36,300 shares, the short-interest ratio is currently 1.0 days.

Planet Image International Stock Down 3.6 %

Shares of YIBO stock opened at $3.70 on Friday. Planet Image International has a 52-week low of $1.80 and a 52-week high of $7.83. The company has a 50-day simple moving average of $3.01 and a two-hundred day simple moving average of $2.52.

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.