Senmiao Technology’s (NASDAQ: AIHS) Short Interest Increases in June, What Does This Mean for Investors?

Short Interest Update for Senmiao Technology Limited (NASDAQ: AIHS)

Senmiao Technology Limited’s (NASDAQ: AIHS) short interest increased significantly in June, with 325,100 shares sold short on June 15th, a 10.3% increase from May 31st. The company has an average daily trading volume of 25,800 shares and a days-to-cover ratio of 12.6 days, with 3.9% of its stock being sold short.

On Tuesday, the stock opened at $1.01, and Senmiao Technology has a current ratio of 0.50 and a quick ratio of 0.50. Its debt-to-equity ratio is low at 0.05, while its fifty-day moving average price is $0.88 and its 200-day moving average price is $0.77. The company’s market capitalization is $10.63 million, with a PE ratio of -2.46 and a beta of 1.04. The stock’s low for the past year is $0.20, while its high is $1

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