Short Interest in DigiAsia Corp. (NASDAQ:FAASW) Drops By 70.8%

DigiAsia Corp. (NASDAQ:FAASW) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,800 shares, a decrease of 70.8% from the February 28th total of 13,000 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is presently 0.3 days.

DigiAsia Trading Up 13.3 %

Shares of NASDAQ:FAASW traded up $0.01 during midday trading on Friday, hitting $0.05. The company’s stock had a trading volume of 380 shares, compared to its average volume of 47,500. DigiAsia has a fifty-two week low of $0.03 and a fifty-two week high of $0.24. The stock’s 50 day simple moving average is $0.07 and its 200 day simple moving average is $0.10.

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.