DigiAsia Corp. (NASDAQ:FAASW) Short Interest Up 166.7% in February

DigiAsia Corp. (NASDAQ:FAASW) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 9,600 shares, a growth of 166.7% from the January 31st total of 3,600 shares. Based on an average trading volume of 10,300 shares, the short-interest ratio is currently 0.9 days.

DigiAsia Price Performance

FAASW remained flat at $0.06 during midday trading on Friday. The company’s stock had a trading volume of 5,413 shares, compared to its average volume of 8,782. DigiAsia has a fifty-two week low of $0.02 and a fifty-two week high of $0.24. The stock’s 50 day simple moving average is $0.09.

DigiAsia Company Profile

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.