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

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) was the target of a large 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 short-interest ratio is presently 5.9 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

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

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

Shares of NYSE:AMTD traded down $0.01 during mid-day trading on Thursday, reaching $0.75. 16,882 shares of the company’s stock were exchanged, compared to its average volume of 23,538. The business’s fifty day moving average price is $0.95 and its 200-day moving average price is $1.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 14.80 and a quick ratio of 14.80. AMTD IDEA Group American Depositary Shares, each representing six has a twelve month low of $0.75 and a twelve month high of $1.65.

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

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.