DigiAsia Corp. (NASDAQ:FAAS) Short Interest Up 52.0% in October

DigiAsia Corp. (NASDAQ:FAAS) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 357,300 shares, an increase of 52.0% from the October 15th total of 235,100 shares. Based on an average trading volume of 670,200 shares, the days-to-cover ratio is currently 0.5 days. Approximately 3.3% of the company’s shares are short sold.

DigiAsia Stock Down 15.6 %

Shares of DigiAsia stock traded down $0.11 during trading on Thursday, reaching $0.60. 377,037 shares of the company were exchanged, compared to its average volume of 242,536. The business has a 50-day moving average price of $1.43 and a 200-day moving average price of $3.81. DigiAsia has a twelve month low of $0.58 and a twelve month 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.