Short Interest in iClick Interactive Asia Group Limited (NASDAQ:ICLK) Increases By 5.3%

iClick Interactive Asia Group Limited (NASDAQ:ICLK) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 94,100 shares, a growth of 5.3% from the January 15th total of 89,400 shares. Based on an average daily trading volume, of 79,900 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iClick Interactive Asia Group stock. Schonfeld Strategic Advisors LLC bought a new position in shares of iClick Interactive Asia Group Limited (NASDAQ:ICLK) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 35,154 shares of the company’s stock, valued at approximately $329,000. Schonfeld Strategic Advisors LLC owned 0.35% of iClick Interactive Asia Group as of its most recent filing with the SEC.

iClick Interactive Asia Group Trading Down 5.8 %

Shares of ICLK opened at $8.00 on Tuesday. iClick Interactive Asia Group has a fifty-two week low of $1.03 and a fifty-two week high of $11.38. The firm has a 50-day simple moving average of $8.63 and a 200-day simple moving average of $5.34.

About iClick Interactive Asia Group

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in Mainland China, Hong Kong, and internationally. It operates through two segments, Marketing Solutions and Enterprise Solutions. The company offers iAudience, a market intelligence platform that provides real-time insights of the target audiences and competitive landscapes that allows enterprises to explore potential market opportunities and drive long-term business growth; iNsights 2.0, a marketing analytics platform that provides marketers with in-depth analyses, including conversion path analysis, cross-channel effectiveness analysis, and e-commerce analysis; iParllay, a social commerce platform that offers customer management and marketing automation capabilities; iSCRM, a WeChat social customer relationship management that provides enterprises with WeChat private traffic management and operation; and iAccess, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns.