Amesite Inc. (NASDAQ:AMST) Short Interest Up 232.5% in April

Amesite Inc. (NASDAQ:AMST) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 327,955 shares, a growth of 232.5% from the April 15th total of 98,640 shares. Based on an average daily volume of 1,365,978 shares, the short-interest ratio is currently 0.2 days. Approximately 11.2% of the company’s shares are short sold.

Amesite Stock Up 2.2%

Shares of NASDAQ:AMST opened at $0.83 on Thursday. The firm has a fifty day moving average of $1.57 and a two-hundred day moving average of $2.04. The firm has a market capitalization of $3.80 million, a P/E ratio of -1.30 and a beta of 0.86. Amesite has a 12-month low of $0.77 and a 12-month high of $4.78.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Amesite from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On Amesite

An institutional investor recently bought a new position in Amesite stock. Virtu Financial LLC acquired a new stake in Amesite Inc. (NASDAQ:AMST) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 14,708 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned about 0.32% of Amesite at the end of the most recent quarter. 3.60% of the stock is currently owned by institutional investors.

Amesite Company Profile

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.