Short Interest in Planet Image International Limited (NASDAQ:YIBO) Declines By 74.9%

Planet Image International Limited (NASDAQ:YIBOGet Free Report) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 75,593 shares, a decline of 74.9% from the January 15th total of 301,657 shares. Based on an average daily trading volume, of 34,351 shares, the days-to-cover ratio is presently 2.2 days. Based on an average daily trading volume, of 34,351 shares, the days-to-cover ratio is presently 2.2 days.

Analyst Ratings Changes

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

Get Our Latest Research Report on Planet Image International

Planet Image International Stock Performance

Shares of YIBO stock opened at $0.93 on Thursday. The stock’s fifty day moving average is $1.00 and its two-hundred day moving average is $1.20. Planet Image International has a fifty-two week low of $0.72 and a fifty-two week high of $2.69.

Hedge Funds Weigh In On Planet Image International

A hedge fund recently bought a new stake in Planet Image International stock. Financial Plan Inc. acquired a new stake in Planet Image International Limited (NASDAQ:YIBOFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 32,000 shares of the company’s stock, valued at approximately $30,000.

Planet Image International Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Planet Image International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Planet Image International and related companies with MarketBeat.com's FREE daily email newsletter.