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

iClick Interactive Asia Group Limited (NASDAQ:ICLK) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 35,600 shares, an increase of 1,324.0% from the July 15th total of 2,500 shares. Based on an average daily trading volume, of 43,900 shares, the short-interest ratio is currently 0.8 days.

iClick Interactive Asia Group Stock Down 3.4 %

ICLK traded down $0.12 on Monday, hitting $3.37. The company had a trading volume of 78,257 shares, compared to its average volume of 35,862. iClick Interactive Asia Group has a 1 year low of $1.03 and a 1 year high of $4.01. The company’s fifty day moving average price is $1.73 and its 200 day moving average price is $2.61.

Institutional Trading of iClick Interactive Asia Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC purchased a new stake in iClick Interactive Asia Group in the 4th quarter valued at about $40,000. Black Maple Capital Management LP purchased a new stake in iClick Interactive Asia Group in the 1st quarter valued at about $53,000. PenderFund Capital Management Ltd. purchased a new stake in iClick Interactive Asia Group in the 4th quarter valued at about $119,000. Finally, Crystalline Management Inc. purchased a new stake in iClick Interactive Asia Group during the fourth quarter worth about $243,000.

iClick Interactive Asia Group Company Profile

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People's Republic of China and internationally. The company offers iAudience, a market intelligence platform to provide real-time insights of the target audiences and competitive landscapes, which allows enterprises to explore potential market opportunities and drive long-term business growth; iAccess, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns; 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; iSCRM, a WeChat social customer relationship management that provides enterprises with WeChat private traffic management and operation; and iParllay, a social commerce platform that enhances customer management and marketing automation capabilities.