Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Down 25.3% in February

Senmiao Technology Limited (NASDAQ:AIHS) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 6,442 shares, a decrease of 25.3% from the February 12th total of 8,619 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 10,672 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 10,672 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are sold short.

Senmiao Technology Stock Performance

AIHS stock opened at $1.54 on Friday. The stock has a market capitalization of $4.94 million, a PE ratio of -1.79 and a beta of 1.01. The company has a fifty day moving average of $1.23 and a 200-day moving average of $1.56. Senmiao Technology has a one year low of $0.83 and a one year high of $17.00.

Senmiao Technology (NASDAQ:AIHS) last issued its quarterly earnings results on Friday, February 13th. The company reported ($0.28) earnings per share (EPS) for the quarter. The firm had revenue of $0.36 million for the quarter. Senmiao Technology had a negative return on equity of 368.21% and a negative net margin of 104.56%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Senmiao Technology in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Senmiao Technology presently has a consensus rating of “Sell”.

Senmiao Technology Company Profile

Senmiao Technology Ltd, incorporated in the Cayman Islands and traded on NASDAQ under the ticker AIHS, is a developer and operator of internet-based financial technology platforms in China. The company delivers a suite of integrated financial services and e-commerce solutions designed to meet the needs of small and micro enterprises as well as individual borrowers across the Chinese market.

At the core of Senmiao’s business are its micro-finance lending operations, which provide short-term, collateral-backed loans to underserved customers.