AMTD Digital Inc. (NYSE:HKD) Short Interest Up 9.4% in December

AMTD Digital Inc. (NYSE:HKD - Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 791,300 shares, an increase of 9.4% from the December 15th total of 723,500 shares. Based on an average daily trading volume, of 398,100 shares, the short-interest ratio is currently 2.0 days.

AMTD Digital Price Performance

HKD traded up $0.03 on Friday, hitting $2.67. 162,225 shares of the company were exchanged, compared to its average volume of 364,273. The firm has a fifty day simple moving average of $2.85 and a two-hundred day simple moving average of $3.13. AMTD Digital has a 12 month low of $2.55 and a 12 month high of $5.80.

Hedge Funds Weigh In On AMTD Digital

A hedge fund recently bought a new stake in AMTD Digital stock. International Assets Investment Management LLC acquired a new stake in shares of AMTD Digital Inc. (NYSE:HKD - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,520 shares of the company's stock, valued at approximately $460,000. 5.75% of the stock is currently owned by hedge funds and other institutional investors.

AMTD Digital Company Profile

AMTD Digital Inc, through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. The company operates through Digital Solutions ServicesFinancial Services, Digital Solutions ServicesNon Financial Services, Digital Media, Content, and Marketing Services, and Digital Investments segments.