Short Interest in Senmiao Technology Limited (NASDAQ:AIHS) Rises By 121.3%

Senmiao Technology Limited (NASDAQ:AIHS) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 44,700 shares, an increase of 121.3% from the April 30th total of 20,200 shares. Based on an average trading volume of 13,600 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.5% of the company’s shares are sold short.

Senmiao Technology Stock Down 1.9%

AIHS stock opened at $0.91 on Friday. The business has a fifty day moving average of $0.91 and a two-hundred day moving average of $0.91. The stock has a market cap of $9.59 million, a price-to-earnings ratio of -2.85 and a beta of 0.84. Senmiao Technology has a 52-week low of $0.80 and a 52-week high of $1.45.

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.