Short Interest in Amesite Inc. (NASDAQ:AMST) Declines By 19.0%

Amesite Inc. (NASDAQ:AMST) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 32,900 shares, a drop of 19.0% from the November 15th total of 40,600 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily trading volume, of 42,100 shares, the short-interest ratio is presently 0.8 days.

Amesite Price Performance

Shares of NASDAQ:AMST traded down $0.16 during midday trading on Friday, hitting $3.92. 6,133 shares of the company’s stock were exchanged, compared to its average volume of 330,720. Amesite has a 12 month low of $1.72 and a 12 month high of $4.47. The company has a market cap of $10.94 million, a PE ratio of -2.28 and a beta of 1.31. The stock has a 50 day moving average price of $2.76 and a 200-day moving average price of $2.72.

Amesite (NASDAQ:AMST) last posted its quarterly earnings data on Monday, September 30th. The company reported ($0.46) earnings per share (EPS) for the quarter. Amesite had a negative return on equity of 137.00% and a negative net margin of 3,878.07%. The firm had revenue of $0.03 million for the quarter.

About Amesite

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.