DigiAsia Corp. (NASDAQ:FAAS) Short Interest Update

DigiAsia Corp. (NASDAQ:FAAS) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 378,600 shares, a growth of 32.8% from the February 28th total of 285,100 shares. Currently, 3.5% of the shares of the company are short sold. Based on an average trading volume of 557,000 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in DigiAsia stock. XTX Topco Ltd purchased a new stake in DigiAsia Corp. (NASDAQ:FAAS) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 109,526 shares of the company’s stock, valued at approximately $82,000. XTX Topco Ltd owned about 1.02% of DigiAsia at the end of the most recent reporting period. Hedge funds and other institutional investors own 19.18% of the company’s stock.

DigiAsia Stock Performance

Shares of FAAS stock traded up $0.00 during mid-day trading on Tuesday, hitting $0.25. 50,523 shares of the stock were exchanged, compared to its average volume of 363,236. DigiAsia has a 12-month low of $0.25 and a 12-month high of $10.68. The stock’s fifty day simple moving average is $0.51 and its two-hundred day simple moving average is $0.85.

About DigiAsia

DigiAsia Corp. operates as a financial technology frim. The company was founded by Alexander Steven Rusli on October 23, 2017 and is headquartered in Singapore.