Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Down 12.9% in October

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

Senmiao Technology Trading Down 3.1 %

NASDAQ:AIHS opened at $0.84 on Monday. The company has a market cap of $8.79 million, a PE ratio of -2.26 and a beta of 1.02. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. The company has a 50 day simple moving average of $1.04 and a two-hundred day simple moving average of $0.98. Senmiao Technology has a 12 month low of $0.20 and a 12 month high of $1.45.

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.