AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) Short Interest Up 780.6% in August

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 15,578 shares, an increase of 780.6% from the July 30th total of 1,769 shares. Based on an average daily volume of 12,289 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the shares of the company are sold short.

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

Shares of AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares stock traded down $0.03 during trading hours on Tuesday, reaching $0.77. The company had a trading volume of 6,091 shares, compared to its average volume of 15,245. AMTD IDEA Group American Depositary Shares, each representing six has a one year low of $0.71 and a one year high of $1.65. The company has a debt-to-equity ratio of 0.12, a current ratio of 14.80 and a quick ratio of 14.80. The business has a fifty day simple moving average of $0.86 and a 200 day simple moving average of $0.96.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded 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 note on Friday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company 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.