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

AMTD Digital Inc. (NYSE:HKDGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $2.73, but opened at $2.88. AMTD Digital shares last traded at $2.85, with a volume of 386,655 shares traded.

AMTD Digital Stock Performance

The stock’s 50-day simple moving average is $2.82 and its two-hundred day simple moving average is $3.08.

Institutional Trading of AMTD Digital

A hedge fund recently bought a new stake in AMTD Digital stock. International Assets Investment Management LLC purchased a new position in shares of AMTD Digital Inc. (NYSE:HKDFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 13,520 shares of the company’s stock, valued at approximately $460,000. Institutional investors own 5.75% of the company’s stock.

About AMTD Digital

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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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