AMTD Digital (HKD) Short Interest Ratio & Short Volume

Short interest is the volume of AMTD Digital shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 965,100 shares of HKD short. Learn More on AMTD Digital's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. HKD shares currently have a short interest ratio of 1.0. Learn More on AMTD Digital's short interest ratio.

AMTD Digital saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 965,100 shares, an increase of 62.3% from the previous total of 594,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "banking" compare to AMTD Digital: Pacific Premier Bancorp, Inc. (2.16%), Bread Financial Holdings, Inc. (8.40%), Enova International, Inc. (6.79%), Independent Bank Group, Inc. (4.32%), Grupo Aval Acciones y Valores S.A. (0.02%), FB Financial Co. (1.47%), Lufax Holding Ltd (0.85%), TeraWulf Inc. (17.38%), Triumph Financial, Inc. (8.87%), Columbia Financial, Inc. (8.95%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling HKD is an investing strategy that aims to generate trading profit from AMTD Digital as its price is falling. HKD shares are trading down $0.05 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for AMTD Digital occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of HKD, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including HKD, twice per month. The most recent reporting period available is October, 15 2024.