Senmiao Technology Limited experienced a significant increase in short interest in May, with 284,300 shares sold short, a 7.9% increase from the previous month. This accounts for approximately 3.4% of the total shares of the stock being sold short. With an average daily trading volume of 26,000 shares, the short-interest ratio is currently 10.9 days.
Senmiao Technology Limited is involved in the automobile transaction and related services business in China, offering car rental services to individual customers and auto finance solutions through financing leases. The company has a market capitalization of $8.13 million, a price-to-earnings ratio of -1.89, and a beta of 0.77. It has a current ratio of 0.93, a quick ratio of 0.93, and a debt-to-equity ratio of 0.06
