DigiAsia Corp. (NASDAQ:FAAS) Short Interest Up 234.5% in August

DigiAsia Corp. (NASDAQ:FAASGet Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 143,500 shares, an increase of 234.5% from the August 15th total of 42,900 shares. Currently, 4.5% of the shares of the company are sold short. Based on an average daily trading volume, of 103,000 shares, the days-to-cover ratio is currently 1.4 days.

DigiAsia Stock Performance

Shares of DigiAsia stock traded down $0.05 during trading hours on Friday, reaching $1.20. The company’s stock had a trading volume of 60,488 shares, compared to its average volume of 69,466. The business’s 50 day moving average price is $2.00. DigiAsia has a one year low of $0.93 and a one year high of $13.99.

About DigiAsia

(Get Free Report)

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.

Further Reading

Receive News & Ratings for DigiAsia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DigiAsia and related companies with MarketBeat.com's FREE daily email newsletter.