Short Interest in DigiAsia Corp. (NASDAQ:FAASW) Expands By 1,850.0%

DigiAsia Corp. (NASDAQ:FAASW) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 23,400 shares, an increase of 1,850.0% from the November 15th total of 1,200 shares. Based on an average trading volume of 50,600 shares, the days-to-cover ratio is presently 0.5 days.

DigiAsia Stock Performance

Shares of DigiAsia stock remained flat at $0.08 on Wednesday. The stock had a trading volume of 410 shares, compared to its average volume of 53,615. DigiAsia has a 1-year low of $0.02 and a 1-year high of $0.46. The business has a fifty day moving average price of $0.12.

DigiAsia Company Profile

DigiAsia Corp. develops an AI embedded finance platform in Southeast Asia. It offers B2B fintech platform for bill payments, supply chain payments, and branchless banking solutions for merchants, partners, and customers; digital wallets; QRIS Payment as a Service; Cash Management system for ERP system that allows users to create a closed-loop cash management system; Digital Product & Billers, which allows users to purchase digital products or pay bills to multiple issuers or billers; and Remittance Product that enables users to transfer funds from their application cash-to-cash, cash-to-account, account-to-cash, and account-to-account.