Short Interest in DigiAsia Corp. (NASDAQ:FAASW) Grows By 142.1%

DigiAsia Corp. (NASDAQ:FAASW) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 9,200 shares, a growth of 142.1% from the March 15th total of 3,800 shares. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is currently 1.0 days.

DigiAsia Price Performance

Shares of FAASW stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.04. The company had a trading volume of 576 shares, compared to its average volume of 43,858. DigiAsia has a 52-week low of $0.03 and a 52-week high of $0.24. The stock’s 50 day moving average price is $0.06 and its 200-day moving average price is $0.09.

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.