Amesite Inc. (NASDAQ:AMST) Sees Large Decline in Short Interest

Amesite Inc. (NASDAQ:AMSTGet Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 35,567 shares, a drop of 19.3% from the November 30th total of 44,083 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 18,612 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily trading volume, of 18,612 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.2% of the company’s shares are sold short.

Amesite Trading Down 2.6%

AMST stock opened at $1.89 on Wednesday. The firm has a market cap of $8.64 million, a PE ratio of -2.15 and a beta of 1.16. Amesite has a 1-year low of $1.85 and a 1-year high of $5.17. The stock has a 50-day moving average price of $2.66 and a 200-day moving average price of $2.89.

Amesite (NASDAQ:AMSTGet Free Report) last released its quarterly earnings data on Friday, October 24th. The company reported ($0.14) earnings per share for the quarter. Amesite had a negative net margin of 1,727.32% and a negative return on equity of 137.45%. The company had revenue of $0.09 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Amesite in a research report on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Amesite has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on AMST

Amesite Company Profile

(Get Free Report)

Amesite, Inc (NASDAQ: AMST) is a software company specializing in AI-driven digital learning and training solutions. Its cloud-based platform enables organizations to create, manage and deliver customized online courses and professional development programs. Leveraging machine learning and natural language processing, the platform offers real-time analytics, adaptive content recommendations, multimedia assessments and community collaboration tools to support both synchronous and asynchronous learning.

The company’s primary end markets include corporate enterprises, higher education institutions, government agencies and nonprofit organizations.

Further Reading

Receive News & Ratings for Amesite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amesite and related companies with MarketBeat.com's FREE daily email newsletter.