Amber International Holding Limited – Sponsored ADR (NASDAQ:AMBR) Short Interest Update

Amber International Holding Limited – Sponsored ADR (NASDAQ:AMBR) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 466,972 shares, an increase of 38.1% from the December 15th total of 338,214 shares. Currently, 4.6% of the shares of the company are sold short. Based on an average daily volume of 160,840 shares, the days-to-cover ratio is presently 2.9 days. Based on an average daily volume of 160,840 shares, the days-to-cover ratio is presently 2.9 days. Currently, 4.6% of the shares of the company are sold short.

Institutional Investors Weigh In On Amber International

Large investors have recently made changes to their positions in the company. Two Sigma Investments LP bought a new position in Amber International in the 3rd quarter valued at $42,000. Qube Research & Technologies Ltd acquired a new position in shares of Amber International during the third quarter valued at $52,000. Millennium Management LLC bought a new position in Amber International in the third quarter valued at about $98,000. Susquehanna International Group LLP bought a new position in Amber International in the third quarter valued at about $191,000. Finally, Citadel Advisors LLC acquired a new stake in Amber International in the third quarter worth about $213,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Amber International in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Amber International currently has a consensus rating of “Sell”.

Amber International Price Performance

Amber International stock opened at $2.58 on Friday. The stock’s 50 day moving average is $1.89. Amber International has a one year low of $1.23 and a one year high of $13.09. The company has a market cap of $26.57 million, a P/E ratio of 64.50 and a beta of 0.55.

Amber International Company Profile

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People’s Republic of China and internationally. It offers iAudience, an audience identification solution that allows marketers to search, identify, and customize their targeted audience to generate or enhance brand awareness; iAccess and iActivation, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns; iExpress, the lite version of iAccess solution for small and medium-sized enterprises; iNsights, an online campaign results monitoring and measurement solution; and iExperience, a content creation solution.