Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Update

Senmiao Technology Limited (NASDAQ:AIHS) saw a significant growth in short interest in June. As of June 15th, there was short interest totalling 325,100 shares, a growth of 10.3% from the May 31st total of 294,700 shares. Based on an average daily volume of 25,800 shares, the days-to-cover ratio is currently 12.6 days. Currently, 3.9% of the company’s stock are sold short.

Senmiao Technology Stock Performance

Shares of AIHS stock opened at $1.01 on Tuesday. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.05. The company’s fifty day moving average price is $0.88 and its 200-day moving average price is $0.77. The stock has a market cap of $10.63 million, a PE ratio of -2.46 and a beta of 1.04. Senmiao Technology has a 12 month low of $0.20 and a 12 month high of $1.23.

Senmiao Technology (NASDAQ:AIHS) last issued its quarterly earnings results on Thursday, June 27th. The company reported ($0.14) earnings per share for the quarter. The company had revenue of $1.27 million for the quarter. Senmiao Technology had a negative net margin of 53.85% and a negative return on equity of 62.60%.

About Senmiao Technology

Senmiao Technology Limited engages in the automobile transaction and related services business in the People's Republic of China. It operates through two segments, Automobile Transaction and Related Services, and Online Ride-Hailing Platform Services. The company offers car rental services to individual customers; and auto finance solutions through financing leases.