AMTD Digital Inc. (NYSE:HKD) Short Interest Up 17.1% in January

AMTD Digital Inc. (NYSE:HKD) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 943,200 shares, an increase of 17.1% from the January 15th total of 805,200 shares. Based on an average trading volume of 408,100 shares, the short-interest ratio is presently 2.3 days.

AMTD Digital Price Performance

HKD opened at $2.76 on Monday. The company has a 50-day moving average of $2.75 and a 200-day moving average of $3.02. AMTD Digital has a 1-year low of $2.55 and a 1-year high of $5.80.

Institutional Trading of AMTD Digital

Hedge funds and other institutional investors have recently bought and sold shares of the company. Faithward Advisors LLC grew its position in shares of AMTD Digital by 54.5% during the 4th quarter. Faithward Advisors LLC now owns 16,000 shares of the company’s stock valued at $47,000 after buying an additional 5,647 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of AMTD Digital during the fourth quarter valued at $102,000. Finally, International Assets Investment Management LLC bought a new position in shares of AMTD Digital during the third quarter worth about $460,000. 5.75% of the stock is owned by 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.