Senmiao Technology Limited (NASDAQ: AIHS) experienced a significant increase in short interest in June. As of June 15th, there were 325,100 shares sold short, a 10.3% increase from the total on May 31st. With an average daily trading volume of 25,800 shares, the days-to-cover ratio is currently 12.6 days, with 3.9% of the company’s stock being sold short.
Shares of AIHS stock opened at $1.01 on Tuesday. The company has a current ratio of 0.50, a quick ratio of 0.50, and a debt-to-equity ratio of 0.05. Its fifty-day moving average price is $0.88, and its 200-day moving average price is $0.77. The stock has a market capitalization of $10.63 million, a PE ratio of -2.46, and a beta of 1.04. Senmiao Technology has a 12-month low of $0.20 and a 12-month high of $1.23.
Senmiao Technology (NASDAQ: AIHS) released its quarterly earnings results on Thursday, June 27th, reporting earnings per share of ($0.14) for the quarter. The company’s revenue for the quarter was $1.27 million. Senmiao Technology had a negative net margin of 53.85% and a negative return on equity of 62.60%.
Senmiao Technology Limited is engaged 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 provides auto finance solutions through financing leases. Investors can receive news and ratings for Senmiao Technology by signing up for a free daily email newsletter from MarketBeat.com.