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

Planet Image International Limited (NASDAQ:YIBO) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 4,192 shares, a drop 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 currently 0.4 days. Based on an average trading volume of 9,377 shares, the short-interest ratio is currently 0.4 days.

Planet Image International Stock Down 4.2%

Planet Image International stock opened at $1.15 on Tuesday. Planet Image International has a fifty-two week low of $0.72 and a fifty-two week high of $17.47. The firm’s fifty day moving average price is $1.04 and its 200-day moving average price is $1.25.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Planet Image International in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Planet Image International presently has a consensus 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.