Amesite Inc. (NASDAQ:AMST) Short Interest Up 12.0% in October

Amesite Inc. (NASDAQ:AMST) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 40,100 shares, an increase of 12.0% from the October 15th total of 35,800 shares. Based on an average trading volume of 23,100 shares, the short-interest ratio is currently 1.7 days. Currently, 2.1% of the shares of the company are short sold.

Amesite Stock Performance

Shares of AMST opened at $2.41 on Friday. The firm’s 50-day simple moving average is $2.54 and its 200 day simple moving average is $2.79. The firm has a market cap of $6.72 million, a P/E ratio of -1.39 and a beta of 1.37. Amesite has a 52 week low of $1.72 and a 52 week high of $4.34.

Amesite (NASDAQ:AMST) last released its quarterly earnings results on Monday, September 30th. The company reported ($0.46) earnings per share (EPS) for the quarter. The firm had revenue of $0.03 million during the quarter. Amesite had a negative net margin of 2,653.01% and a negative return on equity of 111.75%.

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.