The difference between the two is a Ponzi scheme is specifically created as a nefarious act to defraud investors, Sekera says. Current Naked Short Selling Rules & Fines. The charge higher camein the wake of the company's IPO, but there wasn't anyapparent news that sentshares higher. and 50 being the average. According to the company, there are no material circumstances or events connected to its business that could justify such volatility. Is AMTD Digital Going To Be The Next GameStop Short squeeze stock? Fintel is a registered trademark. Its an interesting company even beyond the meme-stock implications. This table shows the interest rate that must be paid by a short seller of US:AMTD Researcher and operations manager at DM Martins Research. See our Short Squeeze Leaderboards for US, This fee is shown as an annual percentage rate (APR). Dividends paid This is the official data and covers a broad spectrum of the market. 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. Yes, they are. HKD hit the market at a share price of $7.80 and reached over $2,000 per share this week. 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. Of those 291,000 were listed as short in mid-December. - Shares Outstanding and Shares Float dated provided by Capital IQ. Ill defer to Blankenhorns long-standing expertise in wrapping up this non-analysis of an odd company and an equally odd meme-stock rally. Sign up below to get this incredible offer! 588 subscribers in the hkdstock community. Yet, a number of American stock traders are taking notice of AMTD Digital, and possibly buying the companys shares without conducting their due diligence. to the lender of that security. AMTD Digital is a fintech company from Hong Kong that offers investment and banking services worldwide. 1 independent investment banking firm in Asia., That might be an exaggeration, but investors can at least appreciate the companys AMTD SpiderNet approach to business-building. Its perfectly fine to enjoy the spectacle that is HKD stock. Terms of Service apply. 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. The HKD stock is one of the best performers today, but it's a bit mysterious why investors are feeling so enthusiastic about it. What Is Going on With AMTD Digital (HKD) Stock Today? following chart. AMTD Digital(NYSE:HKD), the companys subsidiary, was probably the target of a massive short squeeze. AMTD Digital (NYSE: HKD), the company's subsidiary, was probably the target of a massive short squeeze. short interest is published twice-monthly, on a However, once a trade is made, dark pool trades are published on the tape and tracked like every other trade. All rights reserved. On the date of publication, Dana Blankenhorn held long positions in BABA. Last August, shares peaked to as high as $2,555, which was driven by retail speculatio AMTD Digital (NYSE: HKD) stock continued its rise on Jan. 5 as investors speculated on what may happen after a lock-up period expires on Jan. 11. We do not source short interest from a single broker. AMTD Digital stock is being discussed on Reddit forum WallStreetBets, though WallStreetBets commentators say this rise in the stock is not their doing (Warning: Strong language). The stock traded at $19 per share at the start of the year, but by Jan. 28, it hit an all-time high of $483. The number ranges from 0 to 100, following table. The primary difference between a dark pool and a lit exchange is that pre-trade information to a shorted security go to the owner/lender of the security, not to the borrower. 2023 Stock Analysis. Short Interest What It Is, What It Is Not. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. and 50 being the average. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. The float and shares outstanding 2023 Benzinga.com. This website is provided as is without any representations or warranties, express or implied. Note that Theres even room for more lines. So, for example, daily data for the month of March would arrive on our around mid April. The scoring model uses a combination of short interest, float, short borrow fee rates, and other metrics. figures Detractors call him a fraud. The combined on-exchange and off-exchange short sale volume for HKD / AMTD Digital Inc - ADR Provide specific products and services to you, such as portfolio management or data aggregation. This community is to discuss AMTD Digital Inc stock price, squeeze potential and due diligence. Supporters call him a master of audits. Jokes apart, meme stocks are stocks that see dramatic price increases, mostly fueled by people on social media (primarily Reddit, Twitter and TikTok). -Shares Outstanding and Shares Float provided by Capital IQ. Nothing on this website constitutes, or is meant to constitute, advice of any kind. However, the stock wastrending across social media platforms last week, suggesting that the rally may have beendriven by strongretail demand. It's a digital investment bank that calls itself a "one-stop digital solutions platform." It raised a fairly modest. Price. This is important because it means the aggregate short and total volume columns do not Short Squeeze Popularity Rank: Volume. It offers digital banking and insurance technology platforms for consumers and small and medium-sized enterprises (Source seeking alpha). 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. This fee is shown as an annual percentage rate (APR). Trading System Performance for HKD. See companies with highest Short Borrow Fee Rate. AMTD DIGITAL INC-ADR - HKD. off-exchange short sale volume is shown in the We welcome your suggestions for improvement. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. "$HKD is a new IPO that just surged to a market cap of over $425 billion, despite having only ~$25m in annual revenue," Anderson said, noting AMTD Digital is largely owned byAMTD IDEA Group - ADRAMTD, which Hindenburg has previously covered. The question now is: are meme stocks back? However, just over two weeks after its IPO, AMTD Digital's share price soared past $2,000, an impressive 12,000%-plus gain. They know that the language is odd, and they also know that Boromir is unlikable and pompous. updates of the Short Interest % Float for the last fifteen days. All rights reserved. How we use your information depends on the product and service that you use and your relationship with us. Its the latest meme stock. Our David Moadel warned investors away back then. 5.05%. If so, we pity the party that had shorted this . Want more insights? Thus, it is important to note that the age of fails cannot be determined by looking at these numbers. It operates through the following segments: Digital. AMTD DIGITAL BOTTOM FOR THIS MEMESTOCK . No, investors should not buy into the meme mania it should be contained within the realm of day traders who are willing to speculate on momentum, says Morningstars chief U.S. market strategist David Sekera. On the date of publication, neither LouisNavellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article. A stock's float is the number of shares that trade freely on the public market. HKD / AMTD Digital Inc - ADR The financial group behind AMTD Digital's IPO is facing regulatory scrutiny over previous deals made. Write him at danablankenhorn@gmail.com, tweet him at @danablankenhorn, or subscribe to his Substack. Is short interest self-reported, and therefore unreliable? -One might be tempted to take the other side of this trade and short the stock; however, it is extremely dangerous to sell short as the stock price no longer has any connection to the long-term, fundamental value of the company. Update Frequency: Short Interest - Twice Monthly. to the lender of that security. Reddit users on forums like r/wallstreetbets built a foundation for GameStop's short squeeze to suddenly raise the share price. During the period since our initial public offering, the Company noted significant volatility in our ADS price and, also observed some very active trading volume. Delivered Solid Annual Results in FY2022 with a 17% Increase in Bottom Line Business Wire 08/30/2022 10:40:00 PM AMTD Digital Inc. Adopts Independent Majority Board. AMTD claimed to have a metaverse unit called Spidernet and had initial support from the CK Hutchison conglomerate. All rights reserved. Figure 2: HKD stock performance on August 2. If You Invested $1000 In The AMTD Digital IPO, Here's How Much You'd Have Now, Do Not Sell My Personal Data/Privacy Policy. Theres even room for more lines. 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. The two are similar because you need either existing or new investors to continually come in and purchase the stock at ever higher prices. 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. This number is included in both the "Short Volume" and "Total Volume" numbers. Archived post. NEW YORK & SINGAPORE & HONG KONG--(BUSINESS WIRE)--Dr. Calvin Choi, chairman of AMTD Group and founder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), has been appointed a NEW YORK & SINGAPORE & HONG KONG--(BUSINESS WIRE)--AMTD Digital Inc. (AMTD Digital) (NYSE: HKD), a comprehensive one-stop digital solutions platforms in Asia, including the AMTD Digital Media and En NEW YORK & SINGAPORE & HONG KONG--(BUSINESS WIRE)--Recently, an award ceremony was held at the Residence of France in Hong Kong, where Dr. Calvin Choi, Chairman of AMTD Group Inc. (AMTD Group), and NEW YORK & SINGAPORE & HONG KONG--(BUSINESS WIRE)--AMTD Digital Inc. (AMTD Digital or the Company) (NYSE: HKD), a NYSE-listed company and a subsidiary of AMTD IDEA Group (AMTD IDEA) (NYSE: AMTD; NEW YORK & SINGAPORE & HONG KONG--(BUSINESS WIRE)--The movie My First of May as principally led and produced by AMTD Digital Media Limited under AMTD Digital Inc. (AMTD Digital) (NYSE: HKD) has su NEW YORK & HONG KONG & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (AMTD IDEA Group) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and herei NEW YORK & SINGAPORE & HONG KONG--(BUSINESS WIRE)--AMTD Digital Inc. (AMTD Digital) (NYSE: HKD), a comprehensive one-stop digital solutions platform in Asia, including digital media, culture and e Shares of AMTD Digital (NYSE: HKD) surged higher by as much as 23% during intraday trading before closing higher by 10%. Theres nothing special about AMTD Digital in particular as a business, and the share-price surge is likely due to a short squeeze. The 32,000%surge in AMTD Digitalshares caught the attention of Hindenburg Research'sNate Anderson. To be honest, its hard to pinpoint exactly what AMTD Digital does and what its been up to lately. The author may be long one or more stocks mentioned in this report. This comes after the digital solutions company reaffirmed in a press release t SINGAPORE & HONG KONG--(BUSINESS WIRE)--AMTD Digital Inc. (AMTD Digital) (NYSE: HKD), a comprehensive one-stop digital solutions platforms in Asia, announced today that it has received further con Shares of AMTD Digital (NYSE: HKD) stock are in full focus, as the lockup expiration date of Jan. 11 for 16 million shares is quickly approaching, according to Nasdaq . AMTD stock trades like a runaway train, but it may be intriguing to risk-tolerant investors. Despite losing three-quarters of its value from the peak, AMTD Digital is still trading with a market cap above $100 billion. These stocks rarely have company fundamentals that back the rise in price and are often highly volatile. It is a way for social-media users to quickly communicate an idea, style, trend, or behavior. Initially, memes were a combination of an image and a catchphrase. highest Short Interest as a Percent of Float, See companies with highest Short Interest as a Percent of Float. HKD hit the market at a share price of $7.80 and reached over $2,000 per share this week. AMTD IDEA Group may lack some clarify, but it seems to offer diversification for investors seeking exposure to a unique China-based business venture. This would allow the purchase of an aggregate of 2,400,000 additional ADSs at the IPO price. But that was later disavowed. daily data (short volume, fails-to-deliver) in the middle, Heres one example: The original image is from the movie The Lord of the Rings: The Fellowship of the Ring. Aug 3, 2022 Hong Kong-based financial services startup AMTD Digital is up over 3,000% in the past week, and was up over 100% yesterday. Investors will need to be extremely careful in getting involved in these situations.. Figure 3: AMTD Digital's market cap on August 2. AMTD DIGITAL $HKD STOCK SQUEEZES OVER $2,000 PER SHARE! On the date of publication, David Moadeldid not have (either directly or indirectly) any positions in the securities mentioned in this article. In order to calculate an accurate short volume ratio, we gather data from a number of trading If you require advice in relation to any financial matter you should consult an appropriate professional. A meme (pronounced MEEM) is a part of the language of the internet. AMTD Digital is still up 4,300%, despite having shed over three-quarters of its value. Short Sale volume shows the number of trades marked as short sales in various trading venues. AMTD Digital became one of the world's most valuable companies after squeezing higher following its IPO in mid-July. that have the highest risk of experiencing a gamma squeeze. As HKD stock gained 3,200% in a months time, sensible investors had every reason to start asking questions. $1.59b. A short squeeze is an exceedingly rare event, however . Yes, they are. Is short interest self-reported, and therefore unreliable? 1125 N. Charles St, Baltimore, MD 21201. During its IPO, the investment bank sold about 16 million ADSs (American depositary shares) for about $7.80 each, raising roughly $124.8 million. If we can look past the meme-stock implications for a moment, we can see that AMTD Idea Group is actually an intriguing company. We sell different types of products and services to both investment professionals and individual investors. This could be a short squeeze, or something more. Wall Street doesnt seem to care much about what AMTD Digital actually does, though. Will a New Fed-Induced Bull Market Emerge? Short Interest Charts for NYSE:HKD Access to some data is restricted for this account tier. This fear is spurred on by the fact that many of us are inundated with updates about our social circles activities, to the point that some individuals feel like they are missing out if they are not actively participating in conversations or activities around them, explains Ian Tam, Morningstar Canadas director of investment research. 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. is provided in the table below. 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. Shares rose 67% before trading opened on Jan. 5, re NEW YORK & HONG KONG & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (AMTD IDEA) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Company Limited (AMTD Group) and a leading platform for comprehens AMTD Digital (NYSE: HKD) stock is climbing over 18% in early trading after advancing 35% yesterday.

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