Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Update

Senmiao Technology Limited (NASDAQ:AIHS) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 264,800 shares, an increase of 11.7% from the March 15th total of 237,000 shares. Approximately 3.2% of the company’s stock are sold short. Based on an average trading volume of 36,500 shares, the short-interest ratio is currently 7.3 days.

Senmiao Technology Stock Up 9.2 %

Shares of NASDAQ AIHS traded up $0.07 during trading on Tuesday, reaching $0.83. The company had a trading volume of 2,013 shares, compared to its average volume of 33,953. Senmiao Technology has a 12-month low of $0.20 and a 12-month high of $1.12. The stock has a market cap of $7.98 million, a PE ratio of -1.70 and a beta of 0.81. The business’s 50-day moving average is $0.87 and its 200 day moving average is $0.56. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.06.

Senmiao Technology (NASDAQ:AIHS) last announced its earnings results on Friday, February 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $1.62 million during the quarter. Senmiao Technology had a negative return on equity of 53.30% and a negative net margin of 50.42%.

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.