Amber International Holding Limited – Sponsored ADR (NASDAQ:AMBR) Short Interest Update

Amber International Holding Limited – Sponsored ADR (NASDAQ:AMBR) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 466,972 shares, an increase of 38.1% from the December 15th total of 338,214 shares. Based on an average daily trading volume, of 160,840 shares, the days-to-cover ratio is currently 2.9 days. Currently, 4.6% of the company’s shares are short sold. Currently, 4.6% of the company’s shares are short sold. Based on an average daily trading volume, of 160,840 shares, the days-to-cover ratio is currently 2.9 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Amber International in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Amber International

Hedge funds have recently made changes to their positions in the stock. Schonfeld Strategic Advisors LLC acquired a new position in Amber International in the 3rd quarter valued at approximately $375,000. Pantera Capital Partners LP bought a new stake in shares of Amber International in the third quarter worth $321,000. Citadel Advisors LLC acquired a new stake in Amber International in the third quarter valued at $213,000. Susquehanna International Group LLP bought a new position in Amber International during the 3rd quarter worth $191,000. Finally, Millennium Management LLC acquired a new position in Amber International during the 3rd quarter worth about $98,000.

Amber International Price Performance

Amber International stock opened at $2.58 on Friday. Amber International has a 52 week low of $1.23 and a 52 week high of $13.09. The firm has a market cap of $26.57 million, a PE ratio of 64.50 and a beta of 0.55. The stock’s fifty day simple moving average is $1.89.

About Amber International

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People’s Republic of China and internationally. It offers iAudience, an audience identification solution that allows marketers to search, identify, and customize their targeted audience to generate or enhance brand awareness; iAccess and iActivation, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns; iExpress, the lite version of iAccess solution for small and medium-sized enterprises; iNsights, an online campaign results monitoring and measurement solution; and iExperience, a content creation solution.