Senmiao Technology Limited (NASDAQ:AIHS) Sees Large Decrease in Short Interest

Senmiao Technology Limited (NASDAQ:AIHS) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 418,000 shares, a decrease of 12.9% from the October 15th total of 480,100 shares. Approximately 4.5% of the shares of the company are sold short. Based on an average daily volume of 89,600 shares, the short-interest ratio is currently 4.7 days.

Senmiao Technology Price Performance

Senmiao Technology stock opened at $0.84 on Friday. The company has a market cap of $8.79 million, a P/E ratio of -1.99 and a beta of 1.02. Senmiao Technology has a one year low of $0.20 and a one year high of $1.45. The business has a fifty day moving average of $1.04 and a two-hundred day moving average of $0.98. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.41 and a current ratio of 0.41.

Senmiao Technology (NASDAQ:AIHS) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.06) earnings per share (EPS) for the quarter. Senmiao Technology had a negative return on equity of 81.03% and a negative net margin of 67.01%. The firm had revenue of $1.12 million for the quarter.

Senmiao Technology Company Profile

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.