Short Interest in Amesite Inc. (NASDAQ:AMST) Rises By 56.6%

Amesite Inc. (NASDAQ:AMSTGet Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 27,400 shares, a growth of 56.6% from the July 15th total of 17,500 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.6% of the shares of the company are sold short.

Amesite Price Performance

Shares of AMST opened at $2.87 on Thursday. The stock’s 50-day simple moving average is $2.80 and its 200 day simple moving average is $2.69. Amesite has a 52-week low of $1.72 and a 52-week high of $4.34.

Amesite (NASDAQ:AMSTGet Free Report) last issued its quarterly earnings data on Tuesday, July 16th. The company reported ($0.56) earnings per share (EPS) for the quarter. The company had revenue of $0.03 million for the quarter. Amesite had a negative return on equity of 86.32% and a negative net margin of 1,598.47%.

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.

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