Short Interest in Amesite Inc. (NASDAQ:AMST) Increases By 12.0%

Amesite Inc. (NASDAQ:AMST) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 40,100 shares, an increase of 12.0% from the October 15th total of 35,800 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is presently 1.7 days. Approximately 2.1% of the shares of the stock are short sold.

Amesite Stock Performance

NASDAQ:AMST opened at $2.41 on Friday. Amesite has a one year low of $1.72 and a one year high of $4.34. The stock has a market cap of $6.72 million, a PE ratio of -1.39 and a beta of 1.37. The stock has a 50 day moving average price of $2.54 and a 200 day moving average price of $2.78.

Amesite (NASDAQ:AMST) last issued its earnings results on Monday, September 30th. The company reported ($0.46) earnings per share (EPS) for the quarter. Amesite had a negative net margin of 2,653.01% and a negative return on equity of 111.75%. The company had revenue of $0.03 million during the quarter.

About Amesite

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.