Planet Image International Limited (NASDAQ:YIBO) Short Interest Up 30.0% in December

Planet Image International Limited (NASDAQ:YIBO) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 5,441 shares, a growth of 30.0% from the November 30th total of 4,184 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are short sold.

Planet Image International Stock Performance

YIBO stock opened at $0.95 on Tuesday. The stock’s 50 day moving average is $1.13 and its two-hundred day moving average is $1.31. Planet Image International has a 52-week low of $0.93 and a 52-week high of $17.47.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Planet Image International in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About Planet Image International

Planet Image International, Inc (NASDAQ: YIBO) is a provider of digital printing solutions focused on the issuance of secure identification and promotional cards. Through its PIID Solutions division, the company develops, manufactures and distributes desktop and inline card printers, consumables such as ribbons and laminates, as well as photo capture and card design software. Its offerings support a range of use cases including employee badges, student and visitor ID cards, event passes and loyalty cards.

In addition to its core hardware and consumable products, Planet Image International delivers professional services that encompass system integration, on-site installation, technical support and user training.