AMTD Digital (NYSE:HKD) Shares Gap Down to $3.21

AMTD Digital Inc. (NYSE:HKD)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $3.21, but opened at $3.13. AMTD Digital shares last traded at $3.27, with a volume of 373,323 shares changing hands.

AMTD Digital Stock Up 0.9 %

The firm has a fifty day moving average of $3.60 and a 200-day moving average of $4.10.

Hedge Funds Weigh In On AMTD Digital

Several hedge funds have recently added to or reduced their stakes in HKD. Bank of America Corp DE lifted its stake in AMTD Digital by 6,283.5% in the first quarter. Bank of America Corp DE now owns 29,875 shares of the company’s stock valued at $209,000 after buying an additional 29,407 shares during the period. BlackRock Inc. bought a new stake in AMTD Digital in the 1st quarter valued at approximately $170,000. XTX Topco Ltd bought a new stake in AMTD Digital in the 2nd quarter valued at approximately $129,000. Virtu Financial LLC acquired a new position in shares of AMTD Digital during the 4th quarter worth approximately $149,000. Finally, Powell Investment Advisors LLC acquired a new position in shares of AMTD Digital during the 3rd quarter worth approximately $57,000. Institutional investors and hedge funds own 5.75% of the company’s stock.

About AMTD Digital

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.