Advasa Holdings, Inc. (NASDAQ:ADBT) Shares Shorted: Short Interest Up 109.6% in October

Advasa Holdings, Inc. (NASDAQ:ADBT) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 4,160,530 shares, a growth of 109.6% from the September 30th total of 1,984,555 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average trading volume of 13,329,487 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Advasa to a “hold” rating in a research report on Saturday, August 29th.

Advasa Stock Down 6.4%

Shares of NASDAQ ADBT traded down $0.01 during midday trading on Friday, reaching $0.11. The stock had a trading volume of 5,042,348 shares, compared to its average volume of 8,417,426. Advasa has a twelve month low of $0.09 and a twelve month high of $13.20. The company has a debt-to-equity ratio of 0.02, a quick ratio of 9.75 and a current ratio of 9.75. The firm has a 50 day simple moving average of $0.78.

About Advasa

Advasa Holdings, Inc, a Delaware corporation, was formed on February 4, 2025 for the purpose of being a holding company for Advasa Co, Ltd., a Japanese corporation (“Advasa (Japan)”), with its headquarters in Tokyo, Japan. We are a financial technology and services company focused on improving the way employees access and manage their income. Our core product, the “FUKUPE” platform, is a patented Earned Wage Access (EWA) solution that allows employees to access their earned wages in real time, rather than waiting for a traditional payday.