Planet Image International Limited (NASDAQ:YIBO) Short Interest Update

Planet Image International Limited (NASDAQ:YIBO - Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 116,100 shares, a growth of 1,936.8% from the April 30th total of 5,700 shares. Based on an average daily volume of 82,500 shares, the days-to-cover ratio is currently 1.4 days. Currently, 6.5% of the shares of the company are sold short.

Planet Image International Trading Down 4.5%

Shares of NASDAQ:YIBO traded down $0.07 during mid-day trading on Friday, reaching $1.48. The company had a trading volume of 7,491 shares, compared to its average volume of 568,432. The company's 50-day moving average price is $1.31 and its 200-day moving average price is $2.34. Planet Image International has a one year low of $0.95 and a one year high of $17.47.

Planet Image International Company Profile

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.