Short Interest in Amesite Inc. (NASDAQ:AMST) Expands By 1,255.4%

Amesite Inc. (NASDAQ:AMSTGet Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 276,500 shares, an increase of 1,255.4% from the April 15th total of 20,400 shares. Based on an average daily volume of 1,150,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 15.9% of the shares of the company are sold short.

Amesite Price Performance

NASDAQ:AMST opened at $3.54 on Friday. The company’s 50 day moving average is $2.45 and its 200-day moving average is $2.32. Amesite has a 12 month low of $1.72 and a 12 month high of $5.77.

Amesite (NASDAQ:AMSTGet Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.36) earnings per share (EPS) for the quarter. Amesite had a negative net margin of 850.46% and a negative return on equity of 64.84%. The business had revenue of $0.04 million during the quarter.

About Amesite

(Get Free Report)

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.

Further Reading

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