Planet Image International Limited (NASDAQ:YIBO) Short Interest Up 126.1% in February

Planet Image International Limited (NASDAQ:YIBO) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 132,828 shares, a growth of 126.1% from the February 12th total of 58,745 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 2,218,895 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 2,218,895 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Planet Image International in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Planet Image International Price Performance

NASDAQ:YIBO opened at $1.00 on Thursday. Planet Image International has a 1 year low of $0.72 and a 1 year high of $2.69. The stock’s 50 day simple moving average is $0.99 and its two-hundred day simple moving average is $1.15.

Institutional Investors Weigh In On Planet Image International

An institutional investor recently bought a new position in Planet Image International stock. SmartHarvest Portfolios LLC purchased a new stake in shares of Planet Image International Limited (NASDAQ:YIBO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 32,600 shares of the company’s stock, valued at approximately $31,000.

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.