Planet Image International Limited (NASDAQ:YIBO) Short Interest Up 1,936.8% in May

Planet Image International Limited (NASDAQ:YIBOGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 116,100 shares, an increase of 1,936.8% from the April 30th total of 5,700 shares. Based on an average trading volume of 82,500 shares, the days-to-cover ratio is presently 1.4 days. Approximately 6.5% of the company’s shares are sold short.

Planet Image International Stock Performance

Shares of NASDAQ:YIBO traded up $0.05 during trading on Wednesday, reaching $1.62. 13,065 shares of the company were exchanged, compared to its average volume of 566,104. The business’s fifty day simple moving average is $1.30 and its 200-day simple moving average is $2.38. Planet Image International has a 12-month low of $0.95 and a 12-month high of $17.47.

Planet Image International Company Profile

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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.

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