Senmiao Technology Limited (NASDAQ:AIHS) Short Interest Update
by Amy Steele · The Cerbat GemSenmiao Technology Limited (NASDAQ:AIHS – Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 139,053 shares, an increase of 125.2% from the March 15th total of 61,756 shares. Approximately 4.4% of the shares of the stock are short sold. Based on an average daily volume of 118,773 shares, the short-interest ratio is presently 1.2 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Senmiao Technology in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.
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Senmiao Technology Trading Down 0.8%
NASDAQ:AIHS opened at $1.22 on Tuesday. Senmiao Technology has a 1 year low of $0.83 and a 1 year high of $17.00. The firm has a 50 day moving average of $1.32 and a 200-day moving average of $1.39. The stock has a market capitalization of $3.92 million, a P/E ratio of -1.42 and a beta of 0.98.
Senmiao Technology (NASDAQ:AIHS – Get Free Report) last posted its earnings results on Friday, February 13th. The company reported ($0.28) earnings per share (EPS) for the quarter. Senmiao Technology had a negative net margin of 104.56% and a negative return on equity of 368.21%. The firm had revenue of $0.36 million during the quarter.
About Senmiao Technology
Senmiao Technology Ltd, incorporated in the Cayman Islands and traded on NASDAQ under the ticker AIHS, is a developer and operator of internet-based financial technology platforms in China. The company delivers a suite of integrated financial services and e-commerce solutions designed to meet the needs of small and micro enterprises as well as individual borrowers across the Chinese market.
At the core of Senmiao’s business are its micro-finance lending operations, which provide short-term, collateral-backed loans to underserved customers.