Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Update

Senmiao Technology Limited (NASDAQ:AIHS) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 438,500 shares, a growth of 11.3% from the August 15th total of 394,000 shares. Approximately 4.7% of the shares of the company are sold short. Based on an average daily trading volume, of 59,000 shares, the short-interest ratio is presently 7.4 days.

Senmiao Technology Trading Down 2.4 %

NASDAQ:AIHS opened at $1.23 on Wednesday. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. The stock’s 50 day simple moving average is $1.04 and its 200-day simple moving average is $0.95. Senmiao Technology has a 12-month low of $0.20 and a 12-month high of $1.45. The firm has a market cap of $12.94 million, a P/E ratio of -3.00 and a beta of 0.96.

Senmiao Technology (NASDAQ:AIHS) last issued 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.