AMTD Digital (HKD) had the highest return in July 2022 by a small-cap US stock or small-cap US stock, returning 2,978.8%.

ASSET	MONTH	% RETURN
AMTD Digital (HKD)	July 2022	2,978.85%
Pagaya Technologies (PGY)	July 2022	460.27%
Getty Images (GETY)	July 2022	162.02%
Eos Energy Enterprises (EOSE)	July 2022	159.84%
Vertical Aerospace (EVTL)	July 2022	151.25%
Target Hospitality (TH)	July 2022	140.38%
Skywater Technology (SKYT)	July 2022	121.78%
Applied Digital (APLD)	July 2022	98.13%
Eos Energy Enterprises (EOSEW)	July 2022	97.3%
Avadel Pharmaceuticals (AVDL)	July 2022	93.06%
Omeros (OMER)	July 2022	77.86%
Kura Sushi USA (KRUS)	July 2022	71.14%
Uxin (UXIN)	July 2022	67.42%
immatics biotechnologies GmbH (IMTXW)	July 2022	67.26%
Weave Communications (WEAV)	July 2022	65.35%
GCM Grosvenor (GCMGW)	July 2022	63.93%
Verve Therapeutics (VERV)	July 2022	60.81%
Clene (CLNNW)	July 2022	60.8%
National CineMedia (NCMI)	July 2022	60.44%
AMTD IDEA (AMTD)	July 2022	60%
Clearfield (CLFD)	July 2022	59.49%
Katapult Holdings Equity Warrants Exp 09 June 2026 (KPLTW)	July 2022	58.73%
Bel Fuse B (BELFB)	July 2022	58.66%
Frontier (ULCC)	July 2022	56.54%
Hut 8 Corp Common Stock (HUT)	July 2022	55.88%

Small-cap stocks are treated as having a market cap between $300M and $2B.