Amesite Inc. (NASDAQ:AMST) Short Interest Up 26.3% in February

Amesite Inc. (NASDAQ:AMST) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 139,001 shares, an increase of 26.3% from the January 29th total of 110,034 shares. Currently, 4.7% of the company’s stock are short sold. Based on an average daily trading volume, of 82,345 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 82,345 shares, the days-to-cover ratio is presently 1.7 days. Currently, 4.7% of the company’s stock are short sold.

Institutional Investors Weigh In On Amesite

An institutional investor recently bought a new position in Amesite stock. HRT Financial LP acquired a new position in Amesite Inc. (NASDAQ:AMST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,040 shares of the company’s stock, valued at approximately $41,000. HRT Financial LP owned about 0.48% of Amesite at the end of the most recent quarter. 3.60% of the stock is owned by institutional investors and hedge funds.

Amesite Stock Performance

AMST opened at $1.66 on Thursday. The firm has a market cap of $7.59 million, a P/E ratio of -2.59 and a beta of 1.09. The business has a 50 day moving average price of $1.93 and a 200 day moving average price of $2.56. Amesite has a twelve month low of $1.57 and a twelve month high of $4.78.

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

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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.com, the company currently has an average rating of “Sell”.

Amesite Company Profile

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.