Amesite Inc. (NASDAQ:AMST) Short Interest Down 88.2% in August

Amesite Inc. (NASDAQ:AMST) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 7,028 shares, a decline of 88.2% from the July 30th total of 59,677 shares. Based on an average trading volume of 79,307 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

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

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Amesite in a research note on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Amesite Stock Down 1.8%

Shares of Amesite stock traded down $0.02 during trading on Friday, reaching $1.07. The company’s stock had a trading volume of 22,384 shares, compared to its average volume of 1,300,197. Amesite has a 52-week low of $0.77 and a 52-week high of $4.78. The firm’s 50-day moving average is $1.07 and its two-hundred day moving average is $1.40. The company has a market cap of $7.01 million, a price-to-earnings ratio of -1.70 and a beta of 0.98.

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.