DigiAsia Corp. (NASDAQ:FAASW) Short Interest Down 37.8% in December

DigiAsia Corp. (NASDAQ:FAASW) was the recipient of a significant drop in short interest during the month of 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 daily trading volume, of 8,000 shares, the days-to-cover ratio is currently 1.8 days.

DigiAsia Stock Performance

NASDAQ FAASW opened at $0.09 on Thursday. The business’s 50-day moving average is $0.10. DigiAsia has a 52-week low of $0.02 and a 52-week high of $0.24.

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.