Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Up 11.7% in March

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

Senmiao Technology Stock Performance

Shares of NASDAQ AIHS opened at $0.75 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $7.18 million, a price-to-earnings ratio of -1.67 and a beta of 0.81. The stock’s fifty day simple moving average is $0.87 and its 200 day simple moving average is $0.56. Senmiao Technology has a 52-week low of $0.20 and a 52-week high of $1.12.

Senmiao Technology (NASDAQ:AIHS) last issued its earnings results on Friday, February 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company 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%.

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.