Amesite Inc. (NASDAQ:AMST) Short Interest Down 22.7% in January

Amesite Inc. (NASDAQ:AMST) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 32,000 shares, a decline of 22.7% from the January 15th total of 41,400 shares. Based on an average daily trading volume, of 87,900 shares, the short-interest ratio is presently 0.4 days. Approximately 1.2% of the shares of the stock are short sold.

Institutional Trading of Amesite

An institutional investor recently raised its position in Amesite stock. Geode Capital Management LLC grew its stake in shares of Amesite Inc. (NASDAQ:AMST) by 37.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,756 shares of the company’s stock after buying an additional 5,382 shares during the period. Geode Capital Management LLC owned approximately 0.71% of Amesite worth $94,000 as of its most recent filing with the Securities and Exchange Commission. 3.60% of the stock is owned by hedge funds and other institutional investors.

Amesite Trading Down 0.6 %

Shares of Amesite stock opened at $3.30 on Monday. The firm’s 50-day moving average price is $3.77 and its two-hundred day moving average price is $2.97. Amesite has a 1-year low of $1.85 and a 1-year high of $6.27. The stock has a market capitalization of $9.21 million, a price-to-earnings ratio of -1.92 and a beta of 0.94.

Amesite (NASDAQ:AMST) last issued its quarterly earnings data on Friday, February 7th. The company reported ($0.40) EPS for the quarter. Amesite had a negative return on equity of 137.00% and a negative net margin of 3,878.07%.

Amesite Company Profile

Amesite Inc, an artificial intelligence driven platform and course designer, that provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. It serves businesses, universities and colleges, K-12 schools, museums, and non-profit organizations.