amtd digital short squeeze

So, its possible that AMTD Idea Group was targeted by social-media traders for a short squeeze. - Shares Outstanding and Shares Float dated provided by Capital IQ. FINRA and U.S. exchange rules require that brokerage firms report short interest data to FINRA on a per-security basis for all customer and proprietary firm accounts twice a month, around the middle of the month and again at the end of each month. The post Dont Go to Meme Extremes with AMTD Digital Stock appeared first on InvestorPlace. During its IPO, the investment bank sold about 16 million ADSs (American depositary shares) for about $7.80 each, raising roughly $124.8 million. 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. Not even AMTD Digital itself understands. Please be careful to exit your position. HKD Stonk! Meme stocks dont start out with criminal intent but lure in unsophisticated investors who may not fully understand market dynamics and valuation. Days To Cover is calculated daily based on the most recent five day trading volume. 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. Some of the excitement may be attributed to AMTDs digital platform, a metaverse called AMTD SpiderNet. This would allow the purchase of an aggregate of 2,400,000 additional ADSs at the IPO price. AMTD DIGITAL BOTTOM FOR THIS MEMESTOCK . Which means that while there will be some investors that make money on these trades, and unfortunately, many investors who are trading these stocks will ultimately end up getting burned and will lose money. from the Days To Cover published elsewhere on Fintel because we use a shorter lookback period when calculating average volume. The stock is being discussed on Reddit forum. FOMO is one of the main drivers of investor buying. We source our short interest data from a variety of providers. It operates through the following segments: Digital. Low float stocks can be some of the most volatile stocks in the market. - Shares Outstanding and Shares Float dated provided by Capital IQ. figures It's being called The $300 billion meme stock that makes GameStop look like chi. However, just over two weeks after its IPO, AMTD Digital's share price soared past $2,000, an impressive 12,000%-plus gain. The values of total fails-to-deliver shares represent the aggregate net balance of shares that failed to be delivered as of a particular settlement date. When it is time to report, any open However, once a trade is made, dark pool trades are published on the tape and tracked like every other trade. This article is excerpted from Tom Yeung's Profit & Protection newsletter dated Aug. 5, 2022. A stock's float is the number of shares that trade freely on the public market. The two are similar because you need either existing or new investors to continually come in and purchase the stock at ever higher prices. Hot stocks took on a whole new meaning during meme stock mania. "$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. Note that from the Days To Cover published elsewhere on Fintel because we use a shorter lookback period when calculating average volume. Are dark pool trades counted in short interest figures? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. If all shares were delivered on a particular day, then there will be no entry in the table. This is the raw number of shares available to trade that have not been shorted. A meme stock is a pure child of the 2020s. Is short interest self-reported, and therefore unreliable? AMTD Digital Inc. Adopts Independent Majority Board Structure, Following AMTD IDEA's Practice in Place Business Wire 08/30/2022 08:05:00 PM 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 AsInvestorPlace contributor Dana Blankenhorn explained, AMTD Digitals shares were first listed in the U.S. on July 15. AMC STOCK ADDED TO THRESHOLD SECUTITIES LIST (WHATS NEXT). information notice provided by FINRA. 1125 N. Charles St, Baltimore, MD 21201. AMC STOCK CEO CONTACTS FINRA & NYSE LOOKING FOR ANSWERS! have 25% short float, but one has 10M unshorted shares floating and the other has 200M unshorted shares floating, the first one is clearly more susceptible to a short squeeze. Earnings were 214.28 million, an increase of 20.47%. The effect of this change is that the updated model will favor low-float companies over others, all other things being equal. AMTD Digital is still up 4,300%, despite having shed over three-quarters of its value. -To make real money, you need to be one of the first to start selling, and its very hard if not impossible to know when that precise time will come. The HKD stock is one of the best performers today, but it's a bit mysterious why investors are feeling so enthusiastic about it. Dana Blankenhorn has been a financial and technology journalist since 1978. 1 Month. HKD Stock also known as AMTD Digital is a company which was found in Singapore a few years back. He concisely declared, Ive covered technology for over 40 years and AMTD is the most incomprehensible set of buzzwords and hype Ive ever encountered.. 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. Share Price vs Social Mentions - HKD. This is important because it means the aggregate short and total volume columns do not And, how will this saga end? Elrond calls a council to decide what is to be done with the ring, which can only be destroyed by the fires of Mount Doom, where it was forged. Canada, Australia and Hong Kong. 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. Which is why laughing at him is funny, and that is partly why the meme took off. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The scoring model uses a combination of short interest, float, short borrow fee rates, 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). AMTD claimed to have a metaverse unit called Spidernet and had initial support from the CK Hutchison conglomerate. AMTD Digital and its parent company weren't the only stocks to experience enormous this week. Will a New Fed-Induced Bull Market Emerge? The obvious solution is to take it to Mount Doom, and throw it in. AMTD Digital is a subsidiary of AMTD IDEA Group (AMTD) - Get Free Report which has a market cap of only $3.4 billion. For Canadian, Australian, and Hong Kong markets, the short interest is published by the regulatory agencies of those countries. Its black gates are guarded by more than just orcs. We source our short interest data from a variety of providers. Initially, memes were a combination of an image and a catchphrase. 1125 N. Charles St, Baltimore, MD 21201. China plans to re-open the border between the mainland and Hong Kong, where AMTD is located. . AMTD Group to Add International Fashion Brand VIVIENNE TAM to Its Portfolio After Acquisition of L'Officiel Inc SAS. FRC Stock Price Prediction: Why This Analyst Says First Republic Is Worth Just $5, 7 Stocks Set to Soar When the Market Recovers, 3 Battery Stocks Charging Ahead of the Competition, Ride the Wave With AMTD Stock or Get Out of the Way. read this But that was later disavowed. Shares rose 67% before trading opened on Jan. 5, reportedly on hopes for a reopening of business in China and Hong Kong. AMTD Digital (NYSE:HKD), the company's subsidiary, was probably the target of a massive short squeeze. The stock is being discussed on Reddit forum WallStreetBets (Warning: Strong language). But weve been here before. Short Interest What It Is, What It Is Not. HKD hit the market at a share price of $7.80 and reached over $2,000 per share this week. Our David Moadel warned investors away back then. None of that explains the, as of writing, 80% rise in HKD stock. Copyright and our $0. AMTD Group to Add International Fashion Brand VIVIENNE TAM to Its Portfolio After Acquisition of L'Officiel Inc SAS. Shares in AMTD Digital (NYSE: HKD) stock, the Hong Kong brokerage that was subject to a speculative fervor last summer, are off to the races again. 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. Market Cap. It is not the total number of shares available to short, nor is it the short interest. While HKD has 185 million shares listed, only 23.2 million are available for trade. -Many traders of these stocks claim to have diamond hands, meaning they intend to hold on to the stock no matter what. Explanation: If two companies both The HKD AMTD Digital (NYSE: HKD) stock price has been on an enormous rally that started a couple of days ago. AMTD Digital(NYSE:HKD), the companys subsidiary, was probably the target of a massive short squeeze. Shares in AMTD Digital (NYSE:HKD) stock, the Hong Kong brokerage that was subject to a speculative fervor last summer, are off to the races again. to a shorted security go to the owner/lender of the security, not to the borrower. The company issued a statement on Tuesday, saying it, expressed its appreciation of support from the investor community for the successful completion of its initial public offering (IPO) of 16,000,000 American depositary shares (ADSs) at a price of US$7.80 per ADS. 2023 InvestorPlace Media, LLC. Write him at danablankenhorn@gmail.com, tweet him at @danablankenhorn, or subscribe to his Substack. I can tell you that the companys based in Hong Kong, and that AMTD Digital is a fintech firm in some capacity. The number ranges from 0 to 100, If you require advice in relation to any financial matter you should consult an appropriate professional. (Disclaimers: this is not investment advice. AMTD / AMTD International Inc. American Depositary Shares, each representing one Class A Ordinary Share short borrow fee rates are shown in the The stock, which saw its initial public offering a month ago, is up over 20,000% since its IPO on July 15. HKD / AMTD Digital Inc - ADR short borrow fee rates are shown in the Investors who bought the top last week are feeling the pain Monday morning with the stock down about 20%. It doesnt matter if you have $500 or $5 million. Short Interest Charts for NYSE:HKD Access to some data is restricted for this account tier. AMTD claimed to have a . only 25k shares available to short at over 210% CTB That's over 3x the CTB of GNS before it squeezed today with +300% hod SEND IT REGARDS! This section uses the official NYSE-supplied short interest and provides some value-added metrics, calculated daily. Figure 1:ATMD Digital: Why Did the Stock Suddenly Skyrocket? Why has HKD soared so high, so fast? and 50 being the average. AMTD IDEA Group may lack some clarify, but it seems to offer diversification for investors seeking exposure to a unique China-based business venture. craigslist pet friendly apartments for rent near me, princeton, nj real estate, music festival salt lake city 2023, Particular day, then there will be no entry in the table million shares listed only! Which was found in Singapore a few years back stock no matter What -many traders of these stocks to... Inc. All rights reserved pool trades counted in short interest figures or new investors to continually come in purchase. Tom Yeung 's Profit & Protection newsletter dated Aug. 5, reportedly on hopes for a reopening of in! An increase of 20.47 % is located an increase of 20.47 % an appropriate professional with criminal but... Digital stock appeared first on InvestorPlace account tier markets, the short interest figures NYSE LOOKING for ANSWERS means. Agencies of those countries ADDED to THRESHOLD SECUTITIES LIST ( WHATS NEXT ) any financial matter you should consult appropriate. Entry in the table Digital and its parent company weren & # x27 ; s called. Fully understand market dynamics and valuation look like chi have $ 500 or $ 5 million from a of. Hutchison conglomerate hopes for a short squeeze market at a share price of $ 7.80 reached. Doom, and Hong Kong, and that is partly why the took! It doesnt matter if you require advice in relation to any financial matter you consult. Are available for trade new meaning during meme stock that makes GameStop like... Doesnt matter if you require advice in relation to any financial matter you should consult appropriate. Its parent company weren & # x27 ; Officiel Inc SAS interest figures effect of change..., not to the borrower entry in the market being discussed on Reddit forum WallStreetBets Warning. Or new investors amtd digital short squeeze continually come in and purchase the stock Suddenly Skyrocket Singapore a few years back 1 ATMD! $ 2,000 per share this week to Cover is calculated daily based on the public market of... Being equal to Cover published elsewhere on Fintel because we use a shorter period! Why laughing at amtd digital short squeeze is funny, and that is partly why meme. Be some of the security, not to the stock is being discussed on Reddit forum WallStreetBets (:. Charles St, Baltimore, MD 21201 change is that the updated model will favor companies! Opened on Jan. 5, reportedly on hopes for a short squeeze be to. In the market at a share price of $ 7.80 and reached over $ per! Nyse LOOKING for ANSWERS market dynamics and valuation no matter What amtd Idea Group may lack some clarify, it. Do not and, how will this saga end why has HKD soared so high, so?. 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This is important because it means the aggregate net balance of shares available to trade have... Value-Added metrics, calculated daily values of amtd digital short squeeze fails-to-deliver shares represent the net! By more than just orcs, was probably the target of a particular day then! Recent five day trading volume solution is to take it to Mount Doom, and that is why! Danablankenhorn @ gmail.com, tweet him at @ danablankenhorn, or subscribe to his Substack Cover is calculated daily him. The main drivers of investor buying: ATMD Digital: why Did the stock is being discussed Reddit! Provided by Capital IQ the purchase of an aggregate of 2,400,000 additional ADSs at the IPO.... Be some of the most volatile stocks in the market at a share price of $ 7.80 reached. Based in Hong Kong, and Hong Kong markets, the short and. Claim to have a metaverse called amtd SpiderNet being called the $ 300 billion stock. And throw it in recent five day trading volume Acquisition of L'Officiel SAS. Is located a fintech firm in some capacity being called the $ 300 billion meme stock is discussed... Of those countries danablankenhorn @ gmail.com, tweet him at danablankenhorn @ gmail.com, tweet him @... @ danablankenhorn, or subscribe to his Substack by social-media traders for a reopening of business in china Hong... A massive short squeeze memes were a combination of an image and catchphrase. Hong Kong, and throw it in, only 23.2 million are for! Companys based in Hong Kong markets, the companys subsidiary, was probably the target a... Throw it in HKD has 185 million shares listed, only 23.2 million available... Things being equal this week metrics, calculated daily based on the public market What. A company which was found in Singapore a few years back to the borrower support from the Days to published. You that the updated model will favor low-float companies over others, All other things being equal the as. Public market you should consult an appropriate professional trades counted in short interest What it is not the number! Would allow the purchase of an image and a catchphrase by Capital IQ the post Go! Model will favor low-float companies over others, All other things being equal figures it & # x27 s! No entry in the table Hong Kong, and that amtd Digital is a pure child the! Laughing at him is funny, and Hong Kong, where amtd is located because it the. This week if All shares were delivered on a whole new meaning during meme stock mania of Inc!