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

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

Amesite Stock Performance

Amesite stock traded up $0.26 during trading on Friday, reaching $4.98. The company had a trading volume of 17,727 shares, compared to its average volume of 320,728. The stock’s 50 day moving average price is $3.18 and its two-hundred day moving average price is $2.79. The firm 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 12-month low of $1.85 and a 12-month high of $6.27.

Amesite (NASDAQ:AMST) last issued its quarterly earnings data on Monday, September 30th. The company reported ($0.46) EPS for the quarter. The company 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.