Amesite Inc. (NASDAQ:AMST) Short Interest Update

Amesite Inc. (NASDAQ:AMST) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 117,030 shares, a decrease of 15.8% from the February 12th total of 139,001 shares. Based on an average trading volume of 12,724 shares, the days-to-cover ratio is presently 9.2 days. Currently, 4.0% of the company’s shares are sold short. Currently, 4.0% of the company’s shares are sold short. Based on an average trading volume of 12,724 shares, the days-to-cover ratio is presently 9.2 days.

Hedge Funds Weigh In On Amesite

A hedge fund recently bought a new stake in Amesite stock. Virtu Financial LLC bought a new position in shares of Amesite Inc. (NASDAQ:AMST) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,708 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned about 0.32% of Amesite at the end of the most recent quarter. Institutional investors own 3.60% of the company’s stock.

Analysts Set New Price Targets

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

Amesite Stock Performance

AMST opened at $1.75 on Monday. The company has a fifty day moving average price of $1.91 and a two-hundred day moving average price of $2.52. Amesite has a 52 week low of $1.57 and a 52 week high of $4.78. The firm has a market capitalization of $8.00 million, a PE ratio of -2.73 and a beta of 1.09.

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

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.