Short Interest in Senmiao Technology Limited (NASDAQ:AIHS) Increases By 10.3%

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

Senmiao Technology Stock Performance

Shares of AIHS stock opened at $1.01 on Tuesday. The stock has a fifty day moving average price of $0.88 and a 200 day moving average price of $0.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.50 and a current ratio of 0.50. 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 1 year low of $0.20 and a 1 year high of $1.23.

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

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.