Short Interest in Amesite Inc. (NASDAQ:AMST) Decreases By 19.0%

Amesite Inc. (NASDAQ:AMST) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 32,900 shares, a drop of 19.0% from the November 15th total of 40,600 shares. Based on an average trading volume of 42,100 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.7% of the company’s shares are sold short.

Amesite Trading Down 3.9 %

AMST stock opened at $3.92 on Monday. The stock has a market cap of $10.94 million, a PE ratio of -2.28 and a beta of 1.31. Amesite has a 12 month low of $1.72 and a 12 month high of $4.47. The company has a 50-day moving average price of $2.76 and a 200 day moving average price of $2.71.

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