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

Planet Image International logo

Planet Image International Limited (NASDAQ:YIBO - Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 6,300 shares, a decline of 94.6% from the May 15th total of 116,100 shares. Based on an average trading volume of 79,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.4% of the company's stock are sold short.

Planet Image International Stock Down 3.6%

YIBO stock traded down $0.05 during trading on Thursday, reaching $1.35. The company had a trading volume of 11,219 shares, compared to its average volume of 564,793. Planet Image International has a twelve month low of $0.95 and a twelve month high of $17.47. The firm has a 50-day simple moving average of $1.34 and a 200-day simple moving average of $2.21.

Planet Image International Company Profile

(Get Free Report)

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.

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