Amesite Inc. (NASDAQ:AMST – Get Free Report) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 20,300 shares, a decline of 25.9% from the July 31st total of 27,400 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 13,400 shares, the short-interest ratio is presently 1.5 days.
Amesite Stock Performance
Amesite stock traded up $0.01 during midday trading on Friday, reaching $2.27. 22,740 shares of the stock were exchanged, compared to its average volume of 457,490. The company’s fifty day moving average is $2.65 and its 200-day moving average is $2.70. Amesite has a 52 week low of $1.72 and a 52 week high of $4.34.
Amesite (NASDAQ:AMST – Get Free Report) last released its quarterly earnings results on Tuesday, July 16th. The company reported ($0.56) EPS for the quarter. Amesite had a negative return on equity of 86.32% and a negative net margin of 1,598.47%. The company had revenue of $0.03 million during the quarter.
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.
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