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

Amesite Inc. (NASDAQ:AMST) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 25,472 shares, an increase of 97.2% from the August 31st total of 12,920 shares. Based on an average daily trading volume, of 53,729 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Amesite in a research report on Friday, August 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Amesite Trading Up 0.0%

AMST opened at $0.99 on Thursday. The stock has a market capitalization of $6.49 million, a P/E ratio of -1.57 and a beta of 1.00. The stock has a 50-day moving average price of $1.03 and a 200-day moving average price of $1.27. Amesite has a 12-month low of $0.77 and a 12-month high of $3.90.

Amesite (NASDAQ:AMST) last announced its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.18) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.78. The company had revenue of $0.08 million for the quarter, compared to analysts’ expectations of $0.25 million. Amesite had a negative return on equity of 162.26% and a negative net margin of 850.55%.

Amesite Company Profile

Amesite Inc (NASDAQ:AMST) is a technology company that develops artificial intelligence-powered learning and workforce training solutions. Its platform is designed to help organizations create, deliver and manage online educational programs, including courses that can be customized for specific institutions, employers and learner populations.

The company’s offerings support digital learning, professional development and skills training through tools for course delivery, learner engagement and program administration.