AMTD Digital (NYSE:HKD) Hits New 12-Month Low at $3.35

AMTD Digital Inc. (NYSE:HKD) shares hit a new 52-week low on Thursday . The company traded as low as $3.35 and last traded at $3.40, with a volume of 340064 shares traded. The stock had previously closed at $3.40.

AMTD Digital Stock Performance

The stock’s 50 day moving average price is $3.81 and its two-hundred day moving average price is $4.34.

Hedge Funds Weigh In On AMTD Digital

A number of institutional investors have recently made changes to their positions in HKD. Bank of America Corp DE increased its position in AMTD Digital by 6,283.5% during the 1st quarter. Bank of America Corp DE now owns 29,875 shares of the company’s stock worth $209,000 after purchasing an additional 29,407 shares in the last quarter. Shay Capital LLC grew its holdings in shares of AMTD Digital by 121.7% during the second quarter. Shay Capital LLC now owns 51,000 shares of the company’s stock worth $329,000 after buying an additional 28,000 shares in the last quarter. BlackRock Inc. acquired a new position in shares of AMTD Digital in the first quarter valued at approximately $170,000. XTX Topco Ltd acquired a new stake in AMTD Digital during the second quarter worth approximately $129,000. Finally, Virtu Financial LLC purchased a new stake in AMTD Digital in the 4th quarter worth approximately $149,000. 5.75% of the stock is owned by institutional investors and hedge funds.

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.