DigiAsia Corp. (NASDAQ:FAASW) Short Interest Up 1,850.0% in November

DigiAsia Corp. (NASDAQ:FAASW) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 23,400 shares, a growth of 1,850.0% from the November 15th total of 1,200 shares. Based on an average daily volume of 50,600 shares, the days-to-cover ratio is presently 0.5 days.

DigiAsia Price Performance

Shares of NASDAQ FAASW opened at $0.08 on Friday. The company’s 50 day simple moving average is $0.12. DigiAsia has a 12 month low of $0.02 and a 12 month high of $0.46.

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.