DigiAsia Corp. (NASDAQ:FAASW) Sees Large Increase in Short Interest

DigiAsia Corp. (NASDAQ:FAASW) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 9,600 shares, an increase of 166.7% from the January 31st total of 3,600 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is currently 0.9 days.

DigiAsia Trading Down 0.5 %

NASDAQ:FAASW traded down $0.00 during trading hours on Friday, reaching $0.06. The company had a trading volume of 1,281 shares, compared to its average volume of 8,657. DigiAsia has a 1-year low of $0.02 and a 1-year high of $0.24. The stock has a 50 day moving average price of $0.09.

About DigiAsia

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.