Amesite Inc. (NASDAQ:AMST) Sees Significant Drop in Short Interest

Amesite Inc. (NASDAQ:AMST) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 101,069 shares, a decrease of 32.9% from the December 31st total of 150,673 shares. Based on an average daily trading volume, of 19,191 shares, the short-interest ratio is currently 5.3 days. Approximately 3.5% of the company’s stock are short sold. Approximately 3.5% of the company’s stock are short sold. Based on an average daily trading volume, of 19,191 shares, the short-interest ratio is currently 5.3 days.

Amesite Trading Down 1.1%

NASDAQ AMST opened at $1.83 on Friday. The company has a 50 day moving average of $2.17 and a 200-day moving average of $2.75. Amesite has a 1-year low of $1.79 and a 1-year high of $4.78. The firm has a market cap of $8.36 million, a price-to-earnings ratio of -2.08 and a beta of 1.16.

Analyst Upgrades and Downgrades

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

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.