Short Interest in Amesite Inc. (NASDAQ:AMST) Declines By 15.8%

Amesite Inc. (NASDAQ:AMST) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 117,030 shares, a decline of 15.8% from the February 12th total of 139,001 shares. Approximately 4.0% of the company’s stock are short sold. Based on an average trading volume of 12,724 shares, the short-interest ratio is presently 9.2 days. Based on an average trading volume of 12,724 shares, the short-interest ratio is presently 9.2 days. Approximately 4.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Amesite in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Amesite

A hedge fund recently bought a new stake in Amesite stock. HRT Financial LP bought a new stake in Amesite Inc. (NASDAQ:AMST) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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. Institutional investors own 3.60% of the company’s stock.

Amesite Stock Down 2.2%

Shares of Amesite stock opened at $1.76 on Wednesday. Amesite has a 12-month low of $1.57 and a 12-month high of $4.78. The company has a market capitalization of $8.05 million, a price-to-earnings ratio of -2.75 and a beta of 1.09. The firm’s 50-day moving average price is $1.90 and its two-hundred day moving average price is $2.50.

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

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.