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

Analyst Ratings Changes

Separately, Weiss Ratings cut 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 note on Friday, September 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares presently has an average rating of “Sell”.

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

Shares of AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares stock traded down $0.00 during midday trading on Friday, hitting $0.70. 4,927 shares of the company were exchanged, compared to its average volume of 5,956. The firm has a 50 day simple moving average of $0.76 and a 200-day simple moving average of $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. AMTD IDEA Group American Depositary Shares, each representing six has a 52 week low of $0.70 and a 52 week high of $1.65.

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.