Short Interest in Amesite Inc. (NASDAQ:AMST) Expands By 83.8%

Amesite Inc. (NASDAQ:AMST) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 12,920 shares, an increase of 83.8% from the August 15th total of 7,028 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 173,683 shares, the short-interest ratio is currently 0.1 days.

Amesite Stock Up 1.5%

Shares of Amesite stock opened at $1.02 on Wednesday. Amesite has a fifty-two week low of $0.77 and a fifty-two week high of $3.90. The business’s fifty day moving average is $1.03 and its two-hundred day moving average is $1.32. The firm has a market cap of $6.71 million, a PE ratio of -1.63 and a beta of 1.00.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Amesite in a report on Friday, August 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company 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.