AMTD Digital Inc. (NYSE:HKD) Short Interest Up 9.4% in January

AMTD Digital Inc. (NYSE:HKD) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 791,300 shares, an increase of 9.4% from the December 31st 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.

Institutional Inflows and Outflows

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) in the third quarter, according to the company in 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 owned by institutional investors.

AMTD Digital Stock Performance

Shares of HKD stock traded down $0.06 during trading hours on Monday, reaching $2.59. 98,420 shares of the company’s stock were exchanged, compared to its average volume of 260,691. AMTD Digital has a fifty-two week low of $2.55 and a fifty-two week high of $5.80. The stock’s 50 day moving average is $2.80 and its 200-day moving average is $3.06.

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.