AMTD Digital Inc. (NYSE:HKD - Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 965,100 shares, a growth of 62.3% from the September 30th total of 594,500 shares. Based on an average daily trading volume, of 1,280,000 shares, the days-to-cover ratio is currently 0.8 days.
Institutional Trading of AMTD Digital
A hedge fund recently bought a new stake in AMTD Digital stock. International Assets Investment Management LLC bought a new position in shares of AMTD Digital Inc. (NYSE:HKD - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,520 shares of the company's stock, valued at approximately $460,000. 5.75% of the stock is currently owned by institutional investors.
AMTD Digital Price Performance
Shares of AMTD Digital stock traded down $0.22 on Friday, reaching $3.40. The stock had a trading volume of 252,493 shares, compared to its average volume of 3,816,582. The business's 50-day moving average price is $3.31 and its two-hundred day moving average price is $3.42. AMTD Digital has a fifty-two week low of $2.61 and a fifty-two week high of $6.18.
About AMTD Digital
(
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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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