Amesite Inc. (NASDAQ:AMST) Short Interest Update

Amesite Inc. (NASDAQ:AMST) was the target of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 117,030 shares, a drop of 15.8% from the February 12th total of 139,001 shares. Based on an average trading volume of 12,724 shares, the days-to-cover ratio is presently 9.2 days. Approximately 4.0% of the company’s shares are sold short. Approximately 4.0% of the company’s shares are sold short. Based on an average trading volume of 12,724 shares, the days-to-cover ratio is presently 9.2 days.

Amesite Trading Up 1.7%

Shares of Amesite stock opened at $1.75 on Monday. The stock’s fifty day simple moving average is $1.91 and its 200 day simple moving average is $2.52. The company has a market capitalization of $8.00 million, a PE ratio of -2.73 and a beta of 1.09. Amesite has a 12 month low of $1.57 and a 12 month high of $4.78.

Amesite (NASDAQ:AMST) last posted its earnings results on Thursday, February 5th. The company reported ($0.16) earnings per share (EPS) for the quarter. Amesite had a negative net margin of 1,024.91% and a negative return on equity of 118.33%. The business had revenue of $0.11 million during the quarter.

Institutional Trading of Amesite

A hedge fund recently bought a new stake in Amesite stock. HRT Financial LP bought a new position in shares of Amesite Inc. (NASDAQ:AMST) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 22,040 shares of the company’s stock, valued at approximately $41,000. HRT Financial LP owned 0.48% of Amesite as of its most recent filing with the SEC. 3.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Amesite in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Amesite

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.