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

AMTD Digital Inc. (NYSE:HKD) 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 Price Performance

The company has a fifty day moving average price of $3.56 and a two-hundred day moving average price of $4.09.

Institutional Investors Weigh In On AMTD Digital

Hedge funds have recently bought and sold shares of the company. UBS Group AG acquired a new stake in AMTD Digital in the 4th quarter valued at about $49,000. Powell Investment Advisors LLC acquired a new stake in AMTD Digital in the 3rd quarter valued at about $57,000. XTX Topco Ltd acquired a new stake in AMTD Digital during the second quarter worth approximately $129,000. Virtu Financial LLC acquired a new stake in AMTD Digital during the fourth quarter worth approximately $149,000. Finally, BlackRock Inc. acquired a new stake in AMTD Digital during the first quarter worth approximately $170,000. 5.75% of the stock is currently 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.