What’s Propelling Senmiao Technology Limited (NASDAQ:AIHS) After Higher Shorts Reported?

June 17, 2018 - By reb123z

The stock of Senmiao Technology Limited (NASDAQ:AIHS) registered an increase of 52.83% in short interest. AIHS’s total short interest was 8,100 shares in June as published by FINRA. Its up 52.83% from 5,300 shares, reported previously. With 82,400 shares average volume, it will take short sellers 0 days to cover their AIHS’s short positions.

The stock decreased 2.59% or $0.16 during the last trading session, reaching $6.02. About 33,704 shares traded. Senmiao Technology Limited (NASDAQ:AIHS) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Senmiao Technology Limited, through its interest in Sichuan Senmiao Ronglian Technology Co., Ltd., operates an online lending platform connecting Chinese investors with individual and small- to-medium-sized enterprise borrowers in China. The company has market cap of $155.79 million. The Company’s platform offers access to credit to borrowers and creditors, and investment returns for investors. It currently has negative earnings.

More news for Senmiao Technology Limited (NASDAQ:AIHS) were recently published by: Benzinga.com, which released: “41 Stocks Moving In Tuesday’s Mid-Day Session” on June 12, 2018. Nasdaq.com‘s article titled: “Mid-Afternoon Market Update: Dow Rises Over 200 Points; Ambarella Shares Slide On Weak Sales Forecast” and published on June 06, 2018 is yet another important article.

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