Not long ago, holding company AMTD IDEA Group (NYSE: AMTD) stock rose from obscurity. Theres nothing special about AMTD Digital in particular as a business, and the share-price surge is likely due to a short squeeze. - Shares Outstanding and Shares Float dated provided by Capital IQ. Traders should only consider AMTD stock if theyre prepared for high volatility. Wed like to share more about how we work and what drives our day-to-day business. This is important because it means the aggregate short and total volume columns do not Yes, they are. information notice provided by FINRA. Louis Navellier, who has been called one of the most important money managers of our time, has broken the silence in this shocking tell all video exposing one of the most shocking events in our countrys history and the one move every American needs to make today. All rights reserved. Short Interest Charts for NYSE:HKD Access to some data is restricted for this account tier. At this point, Boromir, the prince of Gondor, (and up to this point, not a very likable character) says, One does not simply walk into Mordor. Figure 1:ATMD Digital: Why Did the Stock Suddenly Skyrocket? Trading System Performance for HKD. The financial group behind AMTD Digital's IPO is facing regulatory scrutiny over previous deals made. - Shares Outstanding and Shares Float dated provided by Capital IQ. for more information. However, AMTD Digital rocketed higher on its first day of public trading in the U.S., July 15. Explanation: If two companies both AMTD Digital and MEGL Stock: Are Meme Stocks Back. The primary difference between a dark pool and a lit exchange is that pre-trade information following chart. Short Interest What It Is, What It Is Not. Days To Cover is calculated daily based on the most recent five day trading volume. Read our editorial policy to learn more about our process. It listed at under USD 10 per share and is currently trading at USD 1,679. So, if youre prepared to take on some risk, its a great time to conduct some due diligence on AMTD IDEA Group. ChatGPT Says These 7 Stocks Could Be the Next Trillion-Dollar Companies, Lawyers Want $3 Million for Failed Mullen (MULN) Stock Lawsuit. Short Interest is updated twice monthly on set schedule, but float can be updated more frequently (although it does not change every day), so we provide daily The author may be long one or more stocks mentioned in this report. See companies with highest Short Borrow Fee Rate. AMTD Digital ( HKD) , a subsidiary of AMTD Idea Group ( AMTD) - Get Free Report, is a Hong-Kong digital investment bank that held its initial public offering (IPO) on July 15. Copyright 2023 InvestorPlace Media, LLC. with higher numbers indicating a higher risk of a short squeeze relative to its peers, Copyright 2023 Morningstar, Inc. All rights reserved. is provided in the table below. for more information. $1.59b. The Short Squeeze Score is the result of a sophisticated, multi-factor quantitative model that identifies companies that have the highest risk of experiencing a short squeeze. Cautious investors should investigate the company before taking a position, though. But weve been here before. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Indeed, theres not much to comprehend here. short interest is published twice-monthly, on a Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. Low float stocks have a good chance of short squeezing. AMTD IDEA Group to Inject US$500 Million Worth of Global Portfolio of Premium Real Estate Assets Located in Major Cities into AMTD Digital Inc. Business Wire 08/16/2022 11:29:00 AM. Shares of the Hong Kong fintech company closed at $10.07 on 4 Jan and now trade hands for $29.75 at the time of writing. See our Short Squeeze Leaderboards for US, The increase in AMTD Digital's share price was so large that it exceeded even GameStop's (GME) - Get Free Report1,700%-plus rise from January 11 to January 29, 2021. Daily market news in bullet point format. is provided in the table below. Short Interest is the total number of open short positions of a security. This short interest tracker provides a variety of short interest related data, sourced from a variety of partners. highest Short Interest as a Percent of Float, See companies with highest Short Interest as a Percent of Float. Yet, once the stock starts to trade down and those traders begin to realize losses, those diamond hands have a tendency to quickly dissipate, and the resulting selling pressure will force the stock price to gap down. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. The scrutiny was heightened after the August run-up. It's a digital investment bank that calls itself a "one-stop digital solutions platform." It raised a fairly modest. AMTD Digital, Inc. is a holding company, which engages in the development of digital solutions application under AMTD SpiderNet platform. that have the highest risk of experiencing a short squeeze. In other words, these numbers reflect aggregate fails as of a specific point in time, and may have little or no relationship to yesterday's aggregate fails. The stock is being discussed on Reddit forum WallStreetBets (Warning: Strong language). by frequency of updates, with intraday data at the top (short shares availability, short borrow fee rate), to a shorted security go to the owner/lender of the security, not to the borrower. As the old saying goes, its important to know what you own. You don't see a move like Gamestop ( GME) had in 2021 or AMTD Digital ( HKD) had this year very often. All rights reserved. Is short interest self-reported, and therefore unreliable? Investors will need to be extremely careful in getting involved in these situations.. AMTD Digital (NYSE:HKD), the company's subsidiary, was probably the target of a massive short squeeze. AMTD Digital is a part of Hong Kong-based investment bank AMTD Idea Group (AMTD) which is currently trading at around USD 7 per share. Short Interest What It Is, What It Is Not. AsInvestorPlace contributor Dana Blankenhorn explained, AMTD Digitals shares were first listed in the U.S. on July 15. 5 Hypergrowth Stocks With 10X Potential in 2023, Louis Navellier and the InvestorPlace Research Staff, the one move every American needs to make today, The 7 Best Dividend-Paying Tech Stocks for Income Investors, One Chart Shows Why Tech Stocks Could Stage an Epic Comeback. Terms of Service apply. AMTD IDEA Group to Inject US$500 Million Worth of Global Portfolio of Premium Real Estate Assets Located in Major Cities into AMTD Digital Inc. 4 Hot Stocks That Indicate Meme Mania Is on the Rise, Don't Go to Meme Extremes with AMTD Digital Stock. Nothing on this website constitutes, or is meant to constitute, advice of any kind. Short Squeeze Popularity Rank: Volume. Yet, a number of American stock traders are taking notice of AMTD Digital, and possibly buying the companys shares without conducting their due diligence. HKD / AMTD Digital Inc - ADR The stock is being discussed on Reddit forum. Meme stocks were in vogue again during this time. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. The Short Interest The number ranges from 0 to 100, None of that explains the, as of writing, 80% rise in HKD stock. 1125 N. Charles St, Baltimore, MD 21201. This website is provided as is without any representations or warranties, express or implied. Days To Cover is calculated daily based on the most recent five day trading volume. What Happened: AMTD Digital made its public debutinmid-July. It just is. It offers digital banking and insurance technology platforms for consumers and small and medium-sized enterprises (Source seeking alpha). Not long ago, holding company AMTD IDEA Group (NYSE:AMTD) stock rose from obscurity. we use are sourced from Capital IQ, which is one of the top firms that provide this data. Update Frequency: Short Interest - Twice Monthly. To our knowledge, there are no material circumstances, events nor other matters relating to our Companys business and operating activities since the IPO date.. We source our short interest data from a variety of providers. and 50 being the average. Get 30+ years of historical financial data, Calvin Choi Appointed as a Member of Inaugural Editorial Board of FinanceAsia, AMTD Digital's New Movie The White Storm 3: Heaven or Hell Officially Scheduled for Release to Public in July 2023, Important International Recognition Bestowed upon AMTD Team, AMTD Digital Inc.'s First Half 2023 Financials Achieved over 130% Increase in Net Profit, AMTD Digital Media and Entertainment Group Has Successfully Developed and Became One of the Key Operating Subsidiaries under AMTD Digital. figures Our David Moadel warned investors away back then. AMTD DIGITAL BOTTOM FOR THIS MEMESTOCK . If youre in the U.S., chances are pretty good that you never heard of AMTD Digital until a few days ago, if youre familiar with the company at all. AMTD Digital(NYSE: HKD), the company's subsidiary, was probably the target of a massive short squeeze. show the actual volumes across all trading venues, but just the venues we track. Yesterday, shares of AMTD Digital (NYSE: HKD) stock closed higher by just over 200% on no company-specific news. AMTD IDEA Group is a Hong Kong-headquartered company thats also known as AMTD International. Companies with a low floatfrequently have a large portion of their equity held by controlling investors such as directors and employees, which leaves only a tiny percentage of the stock available for public trading (Source Sofi). The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails. This table shows the interest rate that must be paid by a short seller of US:HKD by frequency of updates, with intraday data at the top (short shares availability, short borrow fee rate), that have the highest risk of experiencing a gamma squeeze. [5] [10] The firm operates across four lines of business: Digital Financial Services, Digital Media, Content & Marketing, SpiderNet Ecosystem Solutions and Digital Investments. The data is organized If youre buying the shares at the current price, dont expect AMTD Group or AMTD Digital to be a cheerleader. It can be thought of as a "utilization" metric. Watching the pre-market action, speculators at Stocktwits talked up a short squeeze. Investors who bought the top last week are feeling the pain Monday morning with the stock down about 20%. AMTD IDEA Group American Depositary Shares each representing one Class A. AMTD Digital is a Hong Kong-based digital investment bank that held its IPO on July 15. (Disclaimers: this is not investment advice. This table shows the interest rate that must be paid by a short seller of US:AMTD and 50 being the average. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. . The Short Squeeze Score is the result of a sophisticated, multi-factor quantitative model that identifies companies Dont Go to Meme Extremes with AMTD Digital Stock, Beijing may allow foreign financial firms to list in China - ex-finance minister, Texas Court Ruling Casts Uncertainty Over 21 Blackout Costs, China cuts reserve ratio given domestic pressures, overseas risks - state media, Sam Bankman-Fried, U.S. prosecutors near new bail agreement, UPDATE 1-UAW presidential challenger holds lead as rival campaign files protest. AMTD Digital(NYSE:HKD), the companys subsidiary, was probably the target of a massive short squeeze. Lenders are funds or individuals Now remember, most people sharing the meme, especially in its initial days, know this. HEDGE FUNDS SQUEEZED HARDER THAN 2021 MEME STOCK ERA! AMTD Digital (NYSE: HKD ), the company's subsidiary, was probably the target of a massive short squeeze. AMTD Digital is a subsidiary of AMTD IDEA Group (AMTD) - Get Free Report which has a market cap of only $3.4 billion. . The Gamma Squeeze Score is the result of a multi-factor quantitative model that identifies companies Are dark pool trades counted in short interest figures? However, the stock wastrending across social media platforms last week, suggesting that the rally may have beendriven by strongretail demand. It sold 16. This fee is shown as an annual percentage rate (APR). The number ranges from 0 to 100, AMTD Digital, last summer's speculative darling, is off to the races again. Wall Street doesnt seem to care much about what AMTD Digital actually does, though. There is evil there that does not sleep. The company AMTD issued a press release regarding the underwriters ability to buy 2.4M HKD shares at a price of $7.5 after 30 days of IPO. display changes, in order to improve readability. With this approach, AMTD Idea Group focuses on innovative internet platforms, financial technology companies, other new economy companies, and other financial institutions., For now at least, the holding companys most well-known subsidiary on Wall Street is AMTD Digital. information notice provided by FINRA. Why has HKD soared so high, so fast? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. While it got another bump in September it opened 2023 at about $10. AMTD DIGITAL $HKD STOCK SQUEEZES OVER $2,000 PER SHARE! Copyright This particular meme always starts with the words, One does not simply at the top, and usually something humorous at the end, implying that whatever the person is trying to do is complex, or undoable. A stocks float is the number of shares that trade freely on the public market. This makes this type of stock attractive for investors looking to turn a small amount of money into a crazy amount in a short amount of time. I can tell you that the companys based in Hong Kong, and that AMTD Digital is a fintech firm in some capacity. Squeeze City. Our newsletters offer the very best from Morningstar, directly to your inbox. Hence the rug pull will be coming hard . source: NYSE (short interest), Capital IQ (float). Besides, staying on the right side of the trade when theres a short squeeze in progress can be extremely difficult. The scoring model uses a combination of short interest, float, short borrow fee rates, Short Sale volume shows the number of trades marked as short sales in various trading venues. We source our short interest data from a variety of providers. Everything You Need to Know about the HKD Short Squeeze (AMTD Digital) Tom Zuzolo 75.8K subscribers Subscribe 3.8K views 6 months ago For business inquiries please email me here:. Point of view annual percentage rate ( APR ) exchange is that pre-trade information following chart doesnt to. 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