Planet Image International Limited (NASDAQ:YIBO) Short Interest Update

Planet Image International Limited (NASDAQ:YIBO) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 301,657 shares, an increase of 7,096.0% from the December 31st total of 4,192 shares. Based on an average daily volume of 1,251,859 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 1,251,859 shares, the short-interest ratio is presently 0.2 days.

Planet Image International Price Performance

Shares of NASDAQ:YIBO traded up $0.01 during trading on Tuesday, reaching $1.05. 4,740 shares of the stock were exchanged, compared to its average volume of 638,336. Planet Image International has a 1-year low of $0.72 and a 1-year high of $6.12. The stock has a fifty day moving average of $1.03 and a two-hundred day moving average of $1.24.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Planet Image International in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus 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.