Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Update

Senmiao Technology Limited (NASDAQ:AIHS) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 672,800 shares, a drop of 8.5% from the September 15th total of 735,200 shares. Based on an average daily volume of 83,600 shares, the short-interest ratio is presently 8.0 days. Currently, 7.2% of the company’s shares are sold short.

Senmiao Technology Trading Up 2.2 %

Shares of Senmiao Technology stock opened at $0.94 on Wednesday. The firm has a market cap of $9.89 million, a PE ratio of -2.29 and a beta of 0.97. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.03. Senmiao Technology has a fifty-two week low of $0.20 and a fifty-two week high of $1.45. The business’s fifty day moving average is $1.11 and its two-hundred day moving average is $0.97.

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

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.