AMTD Digital Inc. (NYSE:HKD) Short Interest Update

AMTD Digital Inc. (NYSE:HKD) was the recipient of a significant increase in short interest in 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 Stock Up 1.2 %

NYSE HKD traded up $0.03 during trading hours on Friday, hitting $2.67. 162,225 shares of the company’s stock traded hands, compared to its average volume of 364,273. AMTD Digital has a 52-week low of $2.55 and a 52-week high of $5.80. The firm’s 50-day moving average is $2.85 and its 200-day moving average is $3.13.

Institutional Investors Weigh In On 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) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 hedge funds and other institutional investors.

About AMTD Digital

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.