Short Interest in Senmiao Technology Limited (NASDAQ:AIHS) Decreases By 12.9%

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

Senmiao Technology Stock Performance

AIHS stock opened at $0.84 on Monday. The stock’s 50 day simple moving average is $1.04 and its 200 day simple moving average is $0.98. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. Senmiao Technology has a 12-month low of $0.20 and a 12-month high of $1.45. The stock has a market capitalization of $8.79 million, a PE ratio of -2.26 and a beta of 1.02.

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.