Amesite Inc. (NASDAQ:AMST) Sees Large Growth in Short Interest

Amesite Inc. (NASDAQ:AMST) saw a large increase in short interest in the month of 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. Based on an average trading volume of 173,683 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are sold short.

Amesite Stock Up 1.0%

AMST stock opened at $1.02 on Thursday. The business has a 50 day moving average of $1.03 and a 200 day moving average of $1.32. The firm has a market cap of $6.68 million, a PE ratio of -1.62 and a beta of 1.00. Amesite has a twelve month low of $0.77 and a twelve month high of $3.90.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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, According to MarketBeat, the company currently has a consensus rating of “Sell”.

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.