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

Senmiao Technology Limited (NASDAQ:AIHS) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 264,800 shares, an increase of 11.7% from the March 15th total of 237,000 shares. Approximately 3.2% of the company’s shares are short sold. Based on an average daily trading volume, of 36,500 shares, the days-to-cover ratio is presently 7.3 days.

Senmiao Technology Stock Down 1.3 %

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

Senmiao Technology (NASDAQ:AIHS) last posted its quarterly earnings data on Friday, February 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. Senmiao Technology had a negative return on equity of 53.30% and a negative net margin of 50.42%. The firm had revenue of $1.62 million for the quarter.

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.