Short Interest in DigiAsia Corp. (NASDAQ:FAAS) Expands By 369.3%

DigiAsia Corp. (NASDAQ:FAASGet Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 314,400 shares, an increase of 369.3% from the September 15th total of 67,000 shares. Currently, 2.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 613,400 shares, the days-to-cover ratio is presently 0.5 days.

DigiAsia Trading Up 33.8 %

Shares of FAAS traded up $0.51 during mid-day trading on Thursday, reaching $2.00. The company had a trading volume of 271,996 shares, compared to its average volume of 243,149. The business’s 50 day moving average price is $1.46. DigiAsia has a 1-year low of $0.93 and a 1-year high of $13.99.

About DigiAsia

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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.

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