Amesite Inc. (NASDAQ:AMST) Short Interest Update

Amesite Inc. (NASDAQ:AMST) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 64,610 shares, a decline of 44.8% from the February 26th total of 117,030 shares. Based on an average daily volume of 34,344 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Amesite

A hedge fund recently bought a new stake in Amesite stock. HRT Financial LP purchased a new stake in shares of Amesite Inc. (NASDAQ:AMST) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 22,040 shares of the company’s stock, valued at approximately $41,000. HRT Financial LP owned 0.48% of Amesite at the end of the most recent reporting period. Institutional investors and hedge funds own 3.60% of the company’s stock.

Wall Street Analyst Weigh In

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

Amesite Stock Up 6.4%

Shares of AMST stock opened at $1.84 on Friday. The company has a 50 day moving average price of $1.87 and a 200-day moving average price of $2.46. Amesite has a 52 week low of $1.57 and a 52 week high of $4.78. The firm has a market capitalization of $8.41 million, a PE ratio of -2.88 and a beta of 1.09.

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

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.