Amesite Inc. (NASDAQ:AMST) Short Interest Down 22.7% in January

Amesite Inc. (NASDAQ:AMST) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 32,000 shares, a decline of 22.7% from the January 15th total of 41,400 shares. Based on an average daily volume of 87,900 shares, the short-interest ratio is currently 0.4 days. Currently, 1.2% of the shares of the stock are short sold.

Amesite Stock Down 0.6 %

AMST opened at $3.30 on Friday. The company has a market cap of $9.21 million, a PE ratio of -1.92 and a beta of 0.94. Amesite has a twelve month low of $1.85 and a twelve month high of $6.27. The company has a 50-day moving average price of $3.77 and a 200 day moving average price of $2.97.

Amesite (NASDAQ:AMST) last announced its earnings results on Friday, February 7th. The company reported ($0.40) EPS for the quarter. Amesite had a negative net margin of 3,878.07% and a negative return on equity of 137.00%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Amesite stock. Renaissance Technologies LLC bought a new stake in Amesite Inc. (NASDAQ:AMST) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,200 shares of the company’s stock, valued at approximately $58,000. Renaissance Technologies LLC owned about 0.44% of Amesite as of its most recent SEC filing. 3.60% of the stock is owned by institutional investors and hedge funds.

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.