DigiAsia (FAASW) Short Interest Ratio & Short Volume

$0.07

-0.01 (-10.72%)

(As of 11:34 AM ET)

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DigiAsia Short Interest Data

DigiAsia (FAASW) has a short interest of 12,200 shares. This marks a -26.95% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.2, indicating that it would take 0.2 days of the average trading volume of 47,030 shares to cover all short positions.

Current Short Interest: 12,200 shares
Previous Short Interest: 16,700 shares
Change Vs. Previous Month: -26.95%
Dollar Volume Sold Short: $997.96
Short Interest Ratio: 0.2 Days to Cover
Last Record Date: August 31, 2024

Today's Trading Volume: 1,860 shares
Average Trading Volume: 47,030 shares
Today's Volume Vs. Average: 4%

Short Selling DigiAsia?

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Short Interest Chart Days to Cover Chart Short Percent of Float Chart

FAASW Short Interest Over Time

FAASW Days to Cover Over Time

FAASW Percentage of Float Shorted Over Time

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DigiAsia Short Interest History

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Report Date	Total Shares Sold Short	Dollar Volume Sold Short	Change from Previous Report	Percentage of Float Shorted	Days to Cover	Price on Report Date
8/31/2024	12,200 shares	$997.96	-27.0%	N/A	0.2	$0.08
8/15/2024	16,700 shares	$0.00	-67.5%	N/A	0.3	$0.00

FAASW Short Interest - Frequently Asked Questions

What is DigiAsia's current short interest?: Short interest is the volume of DigiAsia shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 12,200 shares of FAASW short. Learn More on DigiAsia's current short interest.
Is DigiAsia's short interest increasing or decreasing?: DigiAsia saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 12,200 shares, a decrease of 26.9% from the previous total of 16,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.
How does DigiAsia's short interest compare to its competitors?: Here is how the short interest of companies in the sector of "computer and technology" compare to DigiAsia: Deswell Industries, Inc. (0.02%),
Which stocks are the most shorted right now?: As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

What does it mean to sell short DigiAsia stock?: Short selling FAASW is an investing strategy that aims to generate trading profit from DigiAsia as its price is falling. FAASW shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.
How does a short squeeze work against DigiAsia?: A short squeeze for DigiAsia occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FAASW, which in turn drives the price of the stock up even further.
How often is DigiAsia's short interest reported?: Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FAASW, twice per month. The most recent reporting period available is August, 31 2024.