Amesite Inc. (NASDAQ:AMST) Sees Significant Decrease in Short Interest

Amesite Inc. (NASDAQ:AMST) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 24,200 shares, a drop of 26.4% from the November 30th total of 32,900 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 41,600 shares, the short-interest ratio is presently 0.6 days.

Amesite Trading Up 5.5 %

Shares of Amesite stock opened at $4.98 on Friday. The firm has a fifty day simple moving average of $3.18 and a 200-day simple moving average of $2.80. The stock has a market capitalization of $13.90 million, a price-to-earnings ratio of -2.90 and a beta of 1.31. Amesite has a 1-year low of $1.85 and a 1-year high of $6.27.

Amesite (NASDAQ:AMST) last released its earnings results on Monday, September 30th. The company reported ($0.46) earnings per share for the quarter. The firm had revenue of $0.03 million for the quarter. Amesite had a negative return on equity of 137.00% and a negative net margin of 3,878.07%.

About Amesite

Amesite Inc, an artificial intelligence driven platform and course designer, that provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. It serves businesses, universities and colleges, K-12 schools, museums, and non-profit organizations.