• Sun. Jul 7th, 2024

Senmiao Technology Limited’s Rising Short Interest: An Analysis of Financial Metrics and Market Trends

BySamantha Jones

Jul 2, 2024
Short Interest Update for Senmiao Technology Limited (NASDAQ: AIHS)

Recently, Senmiao Technology Limited (NASDAQ: AIHS) experienced a significant increase in short interest. By June 15th, the total short interest had reached 325,100 shares, which was a 10.3% growth from the May 31st total of 294,700 shares. With an average daily volume of 25,800 shares, the days-to-cover ratio is currently 12.6 days and 3.9% of the company’s stock is currently sold short.

On Tuesday, the stock performance of Senmiao Technology showed that shares of AIHS opened at $1.01. The company has a current ratio of 0.50, a quick ratio of 0.50, and a debt-to-equity ratio of 0.05. The fifty-day moving average price is $0.88 and the 200-day moving average price is $0.77. Additionally, Senmiao Technology has a market cap of $10.63 million, a PE ratio of -2.46 and a beta coefficient of 1.

Recently, Senmiao Technology Limited released its quarterly earnings results on June 27th reporting earnings per share ($

By Samantha Jones

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