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

Key Points

• Planet Image International Limited (NASDAQ:YIBO) experienced a massive increase in short interest, rising by 536.8% in July, totaling 43,300 shares compared to 6,800 shares at the end of June.
• The stock has a short-interest ratio of 0.4 days based on an average daily volume of 105,500 shares, with approximately 2.4% of its shares being short sold.
• As of the latest trading session, NASDAQ:YIBO shares opened at $1.50, with a one-year price range between $0.95 and $17.47.

Planet Image International Limited (NASDAQ:YIBO - ) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 43,300 shares, anincreaseof536.8% from the June 30th total of 6,800 shares. Based on an average daily volume of 105,500 shares, the short-interest ratio is presently 0.4 days. Approximately2.4% of the shares of the stock are short sold. Approximately2.4% of the shares of the stock are short sold. Based on an average daily volume of 105,500 shares, the short-interest ratio is presently 0.4 days.

Planet Image International Price Performance

Shares of NASDAQ:YIBO opened at $1.50 on Friday. The firm has a fifty day moving average price of $1.47 and a two-hundred day moving average price of $1.69. Planet Image International has a one year low of $0.95 and a one 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.

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