Senmiao Technology (AIHS) Short Interest Ratio & Short Volume

Short interest is the volume of Senmiao Technology shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 264,800 shares of AIHS short. 3.15% of Senmiao Technology's shares are currently sold short. Learn More on Senmiao Technology's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. AIHS shares currently have a short interest ratio of 7.0. Learn More on Senmiao Technology's short interest ratio.

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. 3.15% of Senmiao Technology's floating shares are currently sold short.

Senmiao Technology saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 264,800 shares, an increase of 11.7% from the previous total of 237,000 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.

Senmiao Technology currently has issued a total of 9,570,000 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 8,400,000 shares.

3.15% of Senmiao Technology's shares are currently sold short. Here is how the short interest of companies compare to Senmiao Technology: Mawson Infrastructure Group Inc. (5.65%), Sphere 3D Corp. (3.98%), Erayak Power Solution Group Inc. (0.00%), VS MEDIA Holdings Limited (0.83%), Uxin Limited (1.94%), SemiLEDs Co. (0.82%), Ryvyl Inc. (2.33%), GSE Systems, Inc. (2.03%), Socket Mobile, Inc. (0.41%), Collective Audience, Inc. (2.84%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling AIHS is an investing strategy that aims to generate trading profit from Senmiao Technology as its price is falling. AIHS shares are trading up $0.09 today. To short a 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 a stock 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.

A short squeeze for Senmiao Technology occurs when it has a large amount of short interest and its stock appreciates 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.

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 March, 31 2024.