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 large growth in short interest in the month of July. As of July 15th, there was short interest totaling 27,754 shares, a growth of 126.9% from the June 30th total of 12,232 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 4,738 shares, the days-to-cover ratio is currently 5.9 days.

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

Shares of NYSE:AMTD traded down $0.01 during midday trading on Tuesday, hitting $0.76. 11,393 shares of the company’s stock traded hands, compared to its average volume of 23,402. The firm’s fifty day moving average price is $0.96 and its two-hundred day moving average price is $1.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 14.80 and a current 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 announced 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated 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 set a “sell (d)” rating for the company. 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 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.