Senmiao Technology Limited’s Q2 Earnings Report: Insights into Market Dynamics and Short Interest

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

On Tuesday, Senmiao Technology Limited (NASDAQ: AIHS) opened its shares 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. Its fifty-day moving average price is $0.88, and its 200-day moving average price is $0.77. The stock has a market capitalization of $10.63 million, a PE ratio of -2.46, and a beta of 1.04.

Senmiao Technology Limited experienced a significant increase in short interest in June, with an increase of 10.3% from May 31st to June 15th when there were 325,100 shares sold short. With an average daily trading volume of 25,800 shares, the days-to-cover ratio is currently at 12.6 days, with 3.9% of the company’s stock being sold short as reported by NASDAQ: AIHS on June 15th .

On Thursday, June 27th, Senmiao Technology released its quarterly earnings results reporting earnings per share of ($

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