AMTD Digital (NYSE:HKD) Sees Strong Trading Volume – Here’s What Happened

AMTD Digital Inc. (NYSE:HKDGet Free Report) saw an uptick in trading volume on Tuesday . 685,833 shares were traded during mid-day trading, an increase of 11% from the previous session’s volume of 620,509 shares.The stock last traded at $3.17 and had previously closed at $2.86.

AMTD Digital Price Performance

The stock’s 50-day simple moving average is $2.98 and its 200 day simple moving average is $3.21.

Institutional Trading of AMTD Digital

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC purchased a new position in shares of AMTD Digital Inc. (NYSE:HKDFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,520 shares of the company’s stock, valued at approximately $460,000. 5.75% of the stock is owned by hedge funds and other institutional investors.

AMTD Digital Company Profile

(Get Free Report)

AMTD Digital Inc, through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. The company operates through Digital Solutions ServicesFinancial Services, Digital Solutions ServicesNon Financial Services, Digital Media, Content, and Marketing Services, and Digital Investments segments.

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