AMTD Digital (NYSE:HKD) Shares Up 2.1% – What’s Next?

AMTD Digital Inc. (NYSE:HKD) rose 2.1% during mid-day trading on Tuesday . The stock traded as high as $2.00 and last traded at $1.91. Approximately 103,959 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 579,539 shares. The stock had previously closed at $1.87.

AMTD Digital Stock Up 2.1 %

The business’s 50 day moving average is $2.21 and its two-hundred day moving average is $2.74.

Hedge Funds Weigh In On AMTD Digital

A hedge fund recently raised its stake in AMTD Digital stock. Faithward Advisors LLC raised its stake in shares of AMTD Digital Inc. (NYSE:HKD) by 54.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,000 shares of the company’s stock after buying an additional 5,647 shares during the quarter. Faithward Advisors LLC’s holdings in AMTD Digital were worth $47,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.75% of the company’s stock.

AMTD Digital Company Profile

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.