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

Planet Image International Limited (NASDAQ:YIBO) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 132,800 shares, an increase of 2,851.1% from the January 15th total of 4,500 shares. Approximately 7.5% of the shares of the company are short sold. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is presently 0.1 days.

Planet Image International Trading Up 0.2 %

NASDAQ:YIBO traded up $0.01 during midday trading on Wednesday, reaching $2.28. 157,936 shares of the company traded hands, compared to its average volume of 3,494,086. The company has a fifty day moving average price of $3.39 and a 200 day moving average price of $3.14. Planet Image International has a twelve month low of $1.80 and a twelve month 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.