Amesite Inc. (NASDAQ:AMST) Sees Large Decline in Short Interest

Amesite Inc. (NASDAQ:AMST) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 13,900 shares, a drop of 42.6% from the December 31st total of 24,200 shares. Based on an average trading volume of 77,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the company’s stock are short sold.

Amesite Price Performance

Shares of Amesite stock opened at $3.70 on Friday. The company has a 50-day moving average of $3.60 and a 200 day moving average of $2.91. The firm has a market cap of $10.32 million, a price-to-earnings ratio of -2.15 and a beta of 0.97. Amesite has a 1 year low of $1.85 and a 1 year high of $6.27.

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.