AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) Sees Significant Growth in Short Interest

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 27,754 shares, an increase of 126.9% from the June 30th total of 12,232 shares. Based on an average daily volume of 4,738 shares, the days-to-cover ratio is currently 5.9 days. Currently, 0.0% of the company’s stock are short sold.

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares Stock Performance

Shares of NYSE AMTD traded up $0.01 during trading hours on Wednesday, reaching $0.76. The stock had a trading volume of 25,872 shares, compared to its average volume of 23,585. The company has a quick ratio of 14.80, a current ratio of 14.80 and a debt-to-equity ratio of 0.12. AMTD IDEA Group American Depositary Shares, each representing six has a fifty-two week low of $0.75 and a fifty-two week high of $1.65. The firm has a 50-day moving average of $0.95 and a 200-day moving average of $1.00.

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) last released its quarterly earnings results on Wednesday, April 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $6.09 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares in a research report on Wednesday, May 13th. They issued a “sell (d)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares presently has an average rating of “Sell”.

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares Company Profile

AMTD IDEA Group is a financial institution operating in five business segments: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements, and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with paid access to enhance investor communication and relations, corporate communication also provides digital financial solution services. The Media and entertainment segment offers print and digital advertising campaigns, licensing, and marketing services including branded content, video production.