Amesite Inc. (NASDAQ:AMST) Short Interest Up 197.8% in January

Amesite Inc. (NASDAQ:AMST) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 41,400 shares, an increase of 197.8% from the December 31st total of 13,900 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 87,500 shares, the short-interest ratio is presently 0.5 days.

Amesite Price Performance

AMST traded down $0.06 during trading hours on Friday, reaching $3.64. 21,375 shares of the stock traded hands, compared to its average volume of 161,585. Amesite has a fifty-two week low of $1.85 and a fifty-two week high of $6.27. The company has a market cap of $10.16 million, a price-to-earnings ratio of -2.12 and a beta of 0.97. The firm’s fifty day simple moving average is $3.65 and its two-hundred day simple moving average is $2.92.

About Amesite

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.