iClick Interactive Asia Group Limited (NASDAQ:ICLK) Sees Significant Increase in Short Interest

iClick Interactive Asia Group Limited (NASDAQ:ICLK - Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 129,200 shares, a growth of 35.9% from the February 13th total of 95,100 shares. Approximately 1.4% of the shares of the stock are short sold. Based on an average trading volume of 76,400 shares, the short-interest ratio is currently 1.7 days.

iClick Interactive Asia Group Price Performance

Shares of NASDAQ:ICLK traded up $1.03 during trading on Thursday, reaching $9.43. 148,014 shares of the company's stock traded hands, compared to its average volume of 53,263. iClick Interactive Asia Group has a fifty-two week low of $1.03 and a fifty-two week high of $11.38. The company has a 50-day simple moving average of $8.30 and a 200-day simple moving average of $6.07.

Institutional Investors Weigh In On iClick Interactive Asia Group

A hedge fund recently bought a new stake in iClick Interactive Asia Group stock. Renaissance Technologies LLC acquired a new position in iClick Interactive Asia Group Limited (NASDAQ:ICLK - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 22,500 shares of the company's stock, valued at approximately $211,000. Renaissance Technologies LLC owned about 0.22% of iClick Interactive Asia Group at the end of the most recent quarter.

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iClick Interactive Asia Group Company Profile

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in Mainland China, Hong Kong, and internationally. It operates through two segments, Marketing Solutions and Enterprise Solutions. The company offers iAudience, a market intelligence platform that provides real-time insights of the target audiences and competitive landscapes that allows enterprises to explore potential market opportunities and drive long-term business growth; iNsights 2.0, a marketing analytics platform that provides marketers with in-depth analyses, including conversion path analysis, cross-channel effectiveness analysis, and e-commerce analysis; iParllay, a social commerce platform that offers customer management and marketing automation capabilities; iSCRM, a WeChat social customer relationship management that provides enterprises with WeChat private traffic management and operation; and iAccess, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns.