Short Interest in DigiAsia Corp. (NASDAQ:FAASW) Declines By 37.8%

DigiAsia Corp. (NASDAQ:FAASWGet Free Report) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 14,000 shares, a drop of 37.8% from the December 15th total of 22,500 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 1.8 days.

DigiAsia Trading Down 32.1 %

Shares of FAASW stock traded down $0.04 on Tuesday, hitting $0.09. The stock had a trading volume of 7,550 shares, compared to its average volume of 9,136. The firm has a 50 day moving average of $0.10. DigiAsia has a 1 year low of $0.02 and a 1 year high of $0.24.

About DigiAsia

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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.

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