AMTD Digital (NYSE:HKD) Sees Unusually-High Trading Volume – Should You Buy?

AMTD Digital Inc. (NYSE:HKDGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 685,833 shares changed hands during 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 Stock Up 3.5 %

The firm has a 50 day moving average price of $2.98 and a 200-day moving average price of $3.21.

Institutional Investors Weigh In On AMTD Digital

A hedge fund recently bought a new stake in AMTD Digital stock. International Assets Investment Management LLC bought a new position in shares of AMTD Digital Inc. (NYSE:HKDFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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.

About AMTD Digital

(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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