Short Interest in Amesite Inc. (NASDAQ:AMST) Expands By 323.6%

Amesite Inc. (NASDAQ:AMST) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 150,673 shares, a growth of 323.6% from the December 15th total of 35,567 shares. Based on an average daily trading volume, of 871,875 shares, the days-to-cover ratio is currently 0.2 days. Currently, 5.1% of the company’s shares are sold short. Currently, 5.1% of the company’s shares are sold short. Based on an average daily trading volume, of 871,875 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

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, Based on data from MarketBeat, Amesite presently has a consensus rating of “Sell”.

Amesite Stock Up 9.3%

NASDAQ:AMST opened at $2.12 on Thursday. Amesite has a 52 week low of $1.79 and a 52 week high of $4.78. The company has a fifty day simple moving average of $2.34 and a two-hundred day simple moving average of $2.84. The company has a market cap of $9.69 million, a price-to-earnings ratio of -2.41 and a beta of 1.16.

Amesite (NASDAQ:AMST) last announced its quarterly earnings data on Friday, October 24th. The company reported ($0.14) earnings per share (EPS) for the quarter. Amesite had a negative net margin of 1,727.32% and a negative return on equity of 137.45%. The company had revenue of $0.09 million during the quarter.

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.