AMTD Digital (NYSE:HKD) Trading Up 6.9% – Here’s What Happened

AMTD Digital Inc. (NYSE:HKDGet Free Report) was up 6.9% during mid-day trading on Monday . The stock traded as high as $3.24 and last traded at $3.24. Approximately 143,727 shares traded hands during trading, a decline of 78% from the average daily volume of 644,765 shares. The stock had previously closed at $3.03.

AMTD Digital Stock Performance

The stock has a 50-day simple moving average of $3.41 and a 200-day simple moving average of $3.36.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AMTD Digital stock. International Assets Investment Management LLC purchased a new position in AMTD Digital Inc. (NYSE:HKDFree Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,520 shares of the company’s stock, valued at approximately $460,000. 5.75% of the stock is currently owned by institutional investors.

About AMTD Digital

(Get Free Report)

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.

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