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

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.