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 target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,769 shares, a decrease of 93.6% from the July 15th total of 27,754 shares. Currently, 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 presently 0.1 days.

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

Shares of NYSE:AMTD traded down $0.01 during midday trading on Tuesday, reaching $0.74. The company’s stock had a trading volume of 5,498 shares, compared to its average volume of 22,964. AMTD IDEA Group American Depositary Shares, each representing six has a fifty-two week low of $0.71 and a fifty-two week high of $1.65. The company has a quick ratio of 14.80, a current ratio of 14.80 and a debt-to-equity ratio of 0.12. The firm has a 50 day moving average price of $0.91 and a two-hundred day moving average price of $0.98.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of 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 for the company. One equities research analyst has rated the stock with a Sell rating, Based on 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.