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

DigiAsia Corp. (NASDAQ:FAASW) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 22,800 shares, an increase of 86.9% from the August 31st total of 12,200 shares. Based on an average daily trading volume, of 96,300 shares, the short-interest ratio is currently 0.2 days.

DigiAsia Price Performance

Shares of NASDAQ:FAASW traded up $0.05 during midday trading on Friday, reaching $0.20. 15,365 shares of the company’s stock were exchanged, compared to its average volume of 64,272. DigiAsia has a fifty-two week low of $0.01 and a fifty-two week high of $0.46.

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.