Senmiao Technology Short Interest Ratio and Short Volume

Senmiao Technology (NASDAQ:AIHS) Short Interest Frequently Asked Questions

What is Senmiao Technology's current short interest?

Short interest is the volume of Senmiao Technology shares that have been sold short but have not yet been covered or closed out. As of September 30th, investors have sold 647,400 shares of AIHS short. 1.49% of Senmiao Technology's shares are currently sold short. Learn More on Senmiao Technology's current short interest.

What is a good short interest percentage for Senmiao Technology?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.49% of Senmiao Technology's floating shares are currently sold short.

Is Senmiao Technology's short interest increasing or decreasing?

Senmiao Technology saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 647,400 shares, an increase of 2,829.4% from the previous total of 22,100 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Senmiao Technology's float size?

Senmiao Technology currently has issued a total of 55,410,000 shares. Some of Senmiao Technology's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Senmiao Technology currently has a public float of 43,550,000 shares.

How does Senmiao Technology's short interest compare to its competitors?

1.49% of Senmiao Technology's shares are currently sold short. Here is how the short interest of companies in the industry of "nondepository credit institutions" compare to Senmiao Technology: Elevate Credit, Inc. (9.31%), Xiaobai Maimai Inc. (0.00%), Weidai Ltd. (0.00%), Mitesco, Inc. (0.00%), China YiBai United Guarantee International Holding, Inc. (0.00%), LM Funding America, Inc. (4.07%), Sentage Holdings Inc. (0.60%), Dunxin Financial Holdings Limited (0.00%), CCUR Holdings, Inc. (0.00%), and Fincera Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Railway Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Video Communications, Inc. ($2.87 billion), Match Group, Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

What does it mean to sell short Senmiao Technology stock?

Short selling AIHS is an investing strategy that aims to generate trading profit from Senmiao Technology as its price is falling. Senmiao Technology's stock is trading down $0.03 today. To short Senmiao Technology stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Senmiao Technology will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Senmiao Technology?

A short squeeze for Senmiao Technology occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of AIHS, which in turn drives the price of the stock up even further.

How often is Senmiao Technology's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including AIHS, twice per month. The most recent reporting period available is September, 30 2021.