Amesite Inc. (NASDAQ:AMST) Short Interest Up 12.0% in October

Amesite Inc. (NASDAQ:AMST) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 40,100 shares, a growth of 12.0% from the October 15th total of 35,800 shares. Based on an average trading volume of 23,100 shares, the short-interest ratio is currently 1.7 days. Approximately 2.1% of the company’s shares are short sold.

Amesite Stock Performance

Shares of Amesite stock opened at $2.41 on Friday. The stock has a 50 day moving average of $2.54 and a 200 day moving average of $2.78. The firm has a market capitalization of $6.72 million, a price-to-earnings ratio of -1.39 and a beta of 1.37. Amesite has a fifty-two week low of $1.72 and a fifty-two week high of $4.34.

Amesite (NASDAQ:AMST) last released its quarterly earnings results on Monday, September 30th. The company reported ($0.46) earnings per share for the quarter. The business had revenue of $0.03 million for the quarter. Amesite had a negative return on equity of 111.75% and a negative net margin of 2,653.01%.

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.