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

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,769 shares, a drop of 93.6% from the July 15th total of 27,754 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 12,556 shares, the days-to-cover ratio is currently 0.1 days.

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares Trading Down 1.1%

NYSE AMTD traded down $0.01 on Tuesday, hitting $0.74. The company’s stock had a trading volume of 5,498 shares, compared to its average volume of 22,964. The company’s 50-day moving average is $0.91 and its 200 day moving average is $0.98. AMTD IDEA Group American Depositary Shares, each representing six has a 1-year low of $0.71 and a 1-year 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.

Analyst Upgrades and Downgrades

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 equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares presently has a consensus 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.