Short Interest in DigiAsia Corp. (NASDAQ:FAASW) Declines By 37.8%

DigiAsia Corp. (NASDAQ:FAASW) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 14,000 shares, a drop of 37.8% from the December 15th total of 22,500 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 1.8 days.

DigiAsia Stock Performance

FAASW opened at $0.09 on Thursday. DigiAsia has a fifty-two week low of $0.02 and a fifty-two week high of $0.24. The firm’s 50-day moving average price is $0.10.

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.