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

Planet Image International Limited (NASDAQ:YIBO) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 4,192 shares, a decrease of 23.0% from the December 15th total of 5,441 shares. Based on an average daily volume of 9,377 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 9,377 shares, the days-to-cover ratio is currently 0.4 days.

Planet Image International Price Performance

NASDAQ YIBO opened at $1.15 on Monday. The business’s 50-day moving average is $1.05 and its 200 day moving average is $1.26. Planet Image International has a 1 year low of $0.72 and a 1 year high of $17.47.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Planet Image International in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Planet Image International currently has an average rating of “Sell”.

Planet Image International Company Profile

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.