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

Amesite Inc. (NASDAQ:AMST) saw a large 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. Based on an average daily trading volume, of 41,600 shares, the short-interest ratio is presently 0.6 days. Currently, 1.2% of the company’s shares are short sold.

Amesite Stock Performance

AMST traded up $0.26 during trading on Friday, hitting $4.98. The stock had a trading volume of 17,727 shares, compared to its average volume of 320,728. The company has a market capitalization of $13.90 million, a PE ratio of -2.90 and a beta of 1.31. Amesite has a twelve month low of $1.85 and a twelve month high of $6.27. The stock has a 50 day simple moving average of $3.18 and a two-hundred day simple moving average of $2.79.

Amesite (NASDAQ:AMST) last released its quarterly earnings results on Monday, September 30th. The company reported ($0.46) earnings per share for the quarter. Amesite had a negative return on equity of 137.00% and a negative net margin of 3,878.07%. The business 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.