Amesite Inc. (NASDAQ:AMST) Short Interest Update

Amesite Inc. (NASDAQ:AMST) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totaling 105,758 shares, an increase of 63.7% from the March 15th total of 64,610 shares. Based on an average daily trading volume, of 26,298 shares, the days-to-cover ratio is currently 4.0 days. Currently, 3.6% of the shares of the stock are sold short.

Institutional Trading of Amesite

An institutional investor recently bought a new position in Amesite stock. Virtu Financial LLC acquired a new position in shares of Amesite Inc. (NASDAQ:AMST) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,708 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned approximately 0.32% of Amesite at the end of the most recent quarter. 3.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Amesite in a research report on Friday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Amesite Trading Up 5.4%

Amesite stock opened at $1.75 on Tuesday. The stock has a market cap of $8.00 million, a PE ratio of -2.73 and a beta of 1.12. The stock has a 50-day moving average price of $1.82 and a 200 day moving average price of $2.33. Amesite has a 52 week low of $1.57 and a 52 week high of $4.78.

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

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.