Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Down 72.5% in July

Senmiao Technology Limited (NASDAQ:AIHS) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 30,800 shares, adropof72.5% from the July 15th total of 111,800 shares. Currently,2.8% of the company’s stock are short sold. Based on an average daily volume of 147,200 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 147,200 shares, the short-interest ratio is presently 0.2 days. Currently,2.8% of the company’s stock are short sold.

Senmiao Technology Price Performance

Shares of NASDAQ AIHS opened at $2.24 on Friday. The company has a market capitalization of $2.49 million, a price-to-earnings ratio of -0.70 and a beta of 0.62. The business has a 50-day moving average of $3.77 and a two-hundred day moving average of $7.26. Senmiao Technology has a 1 year low of $2.10 and a 1 year high of $17.00.

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.