Short Interest in Planet Image International Limited (NASDAQ:YIBO) Decreases By 23.0%

Planet Image International Limited (NASDAQ:YIBO) was the target of a large decrease in short interest in the month of 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 trading volume of 9,377 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 9,377 shares, the short-interest ratio is presently 0.4 days.

Planet Image International Stock Down 4.2%

Planet Image International stock traded down $0.05 during mid-day trading on Friday, reaching $1.15. 58,684 shares of the stock traded hands, compared to its average volume of 631,713. Planet Image International has a 12-month low of $0.72 and a 12-month high of $17.47. The business’s 50-day moving average is $1.05 and its 200-day moving average is $1.26.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Planet Image International in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Planet Image International 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.