Short Interest in AMTD Digital Inc. (NYSE:HKD) Expands By 9.4%

AMTD Digital Inc. (NYSE:HKD) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 791,300 shares, a growth of 9.4% from the December 15th total of 723,500 shares. Based on an average daily trading volume, of 398,100 shares, the days-to-cover ratio is presently 2.0 days.

Hedge Funds 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 AMTD Digital Inc. (NYSE:HKD) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 13,520 shares of the company’s stock, valued at approximately $460,000. Institutional investors and hedge funds own 5.75% of the company’s stock.

AMTD Digital Price Performance

Shares of NYSE HKD traded up $0.03 during midday trading on Monday, hitting $2.67. 162,225 shares of the stock traded hands, compared to its average volume of 364,273. The firm has a 50-day moving average of $2.85 and a two-hundred day moving average of $3.13. AMTD Digital has a one year low of $2.55 and a one year high of $5.80.

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.