AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) Short Interest Down 70.7% in June

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 12,232 shares, a decline of 70.7% from the June 15th total of 41,772 shares. Based on an average trading volume of 41,830 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

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

NYSE AMTD traded up $0.01 during trading hours on Friday, hitting $0.95. The company’s stock had a trading volume of 5,872 shares, compared to its average volume of 24,083. The stock has a fifty day moving average of $1.00 and a 200 day moving average of $1.01. AMTD IDEA Group American Depositary Shares, each representing six has a twelve month low of $0.87 and a twelve month high of $1.65. The company has a current ratio of 14.80, a quick ratio of 14.80 and a debt-to-equity ratio of 0.12.

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

Analyst Ratings Changes

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

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

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.