Short Interest in DigiAsia Corp. (NASDAQ:FAAS) Rises By 33.8%

DigiAsia Corp. (NASDAQ:FAAS) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 478,100 shares, an increase of 33.8% from the October 31st total of 357,300 shares. Currently, 4.5% of the company’s stock are short sold. Based on an average daily volume of 683,100 shares, the short-interest ratio is currently 0.7 days.

DigiAsia Price Performance

FAAS opened at $0.58 on Friday. DigiAsia has a 12-month low of $0.50 and a 12-month high of $13.99. The business’s fifty day simple moving average is $1.25 and its 200-day simple moving average is $3.22.

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.