AMTD Digital Inc. (NYSE:HKD - Get Free Report) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 943,200 shares, a growth of 17.1% from the January 15th total of 805,200 shares. Based on an average daily trading volume, of 408,100 shares, the days-to-cover ratio is currently 2.3 days.
Hedge Funds Weigh In On AMTD Digital
Several institutional investors have recently modified their holdings of HKD. Faithward Advisors LLC increased its position in shares of AMTD Digital by 54.5% in the fourth quarter. Faithward Advisors LLC now owns 16,000 shares of the company's stock valued at $47,000 after acquiring an additional 5,647 shares during the last quarter. XTX Topco Ltd bought a new position in AMTD Digital during the 4th quarter worth $102,000. Finally, International Assets Investment Management LLC bought a new position in AMTD Digital during the 3rd quarter worth $460,000. Institutional investors own 5.75% of the company's stock.
AMTD Digital Stock Performance
AMTD Digital stock remained flat at $2.67 on Wednesday. The company's stock had a trading volume of 233,623 shares, compared to its average volume of 431,741. The company's fifty day moving average is $2.73 and its two-hundred day moving average is $3.01. AMTD Digital has a one year low of $2.55 and a one year high of $5.80.
AMTD Digital Company Profile
(
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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.
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