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 large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,492 shares, a decrease of 63.4% from the August 31st total of 6,806 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,743 shares, the days-to-cover ratio is presently 0.5 days.

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares Trading Down 0.6%

Shares of AMTD stock traded down $0.00 during mid-day trading on Friday, reaching $0.70. The stock had a trading volume of 4,927 shares, compared to its average volume of 5,956. AMTD IDEA Group American Depositary Shares, each representing six has a one year low of $0.70 and a one year high of $1.65. The firm’s 50 day simple moving average is $0.76 and its 200 day simple moving average is $0.92. The company has a debt-to-equity ratio of 0.12, a current ratio of 14.80 and a quick ratio of 14.80.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, September 18th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently 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 services and investment holding company headquartered in Hong Kong. The company operates as part of the broader AMTD Group and provides services primarily through businesses involved in investment banking, capital markets, asset management, securities brokerage and strategic investments.

Its activities have included advising companies on equity and debt financing, mergers and acquisitions, and other corporate finance transactions. The group has also participated in asset management, private investment and related financial services, serving corporations, institutions, investors and high-net-worth clients.

AMTD IDEA Group has historically maintained operations and business relationships across Hong Kong, mainland China and other international financial centers.