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

Amesite Inc. (NASDAQ:AMST) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 27,100 shares, a growth of 33.5% from the August 15th total of 20,300 shares. Currently, 1.6% of the shares of the stock are short sold. Based on an average daily volume of 11,800 shares, the short-interest ratio is currently 2.3 days.

Amesite Trading Up 4.4 %

Shares of Amesite stock traded up $0.10 during trading on Friday, reaching $2.35. 9,788 shares of the stock traded hands, compared to its average volume of 434,893. Amesite has a 52-week low of $1.72 and a 52-week high of $4.34. The business has a fifty day simple moving average of $2.53 and a two-hundred day simple moving average of $2.69.

Amesite (NASDAQ:AMST) last issued its quarterly earnings data on Tuesday, July 16th. The company reported ($0.56) earnings per share (EPS) for the quarter. Amesite had a negative return on equity of 86.32% and a negative net margin of 1,598.47%. The firm had revenue of $0.03 million for the quarter.

Amesite Company Profile

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.