Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Update

Senmiao Technology Limited (NASDAQ:AIHS) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 418,000 shares, a drop of 12.9% from the October 15th total of 480,100 shares. Based on an average daily trading volume, of 89,600 shares, the days-to-cover ratio is currently 4.7 days. Currently, 4.5% of the company’s stock are sold short.

Senmiao Technology Price Performance

AIHS opened at $0.84 on Friday. Senmiao Technology has a twelve month low of $0.20 and a twelve month high of $1.45. 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 firm has a market cap of $8.79 million, a price-to-earnings ratio of -1.99 and a beta of 1.02. The company has a fifty day simple moving average of $1.04 and a 200 day simple moving average of $0.98.

Senmiao Technology (NASDAQ:AIHS) last posted its quarterly earnings data 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 business 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.