Short Interest in DigiAsia Corp. (NASDAQ:FAAS) Expands By 24.1%

DigiAsia Corp. (NASDAQ:FAAS) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 590,200 shares, a growth of 24.1% from the November 30th total of 475,500 shares. Based on an average daily trading volume, of 791,400 shares, the days-to-cover ratio is currently 0.7 days. Currently, 18.3% of the company’s shares are short sold.

DigiAsia Stock Down 25.2 %

DigiAsia stock traded down $0.29 during midday trading on Tuesday, hitting $0.86. 489,132 shares of the stock were exchanged, compared to its average volume of 292,016. The company has a fifty day simple moving average of $0.74 and a two-hundred day simple moving average of $2.03. DigiAsia has a 52 week low of $0.38 and a 52 week high of $13.99.

DigiAsia Company Profile

Digiasia Bios develops an application platform that offers digital payments, lending, and remittance services in Indonesia. It offers services under brands, such as KasPro, KreditPro, and RemitPro. Digiasia Bios was founded in 2017 and is based in Jakarta, Indonesia.