Advasa Holdings, Inc. (NASDAQ:ADBT – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,160,530 shares, an increase of 109.6% from the September 30th total of 1,984,555 shares. Based on an average trading volume of 13,329,487 shares, the short-interest ratio is currently 0.3 days. Currently, 0.9% of the shares of the company are short sold.
Advasa Trading Down 6.4%
Shares of ADBT traded down $0.01 during midday trading on Friday, hitting $0.11. The company’s stock had a trading volume of 5,042,348 shares, compared to its average volume of 8,417,426. The company has a debt-to-equity ratio of 0.02, a quick ratio of 9.75 and a current ratio of 9.75. Advasa has a one year low of $0.09 and a one year high of $13.20. The company’s fifty day moving average price is $0.78.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Advasa to a “hold” rating in a report on Saturday, August 29th.
Check Out Our Latest Research Report on ADBT
Advasa Company Profile
Advasa Holdings, Inc, a Delaware corporation, was formed on February 4, 2025 for the purpose of being a holding company for Advasa Co, Ltd., a Japanese corporation (“Advasa (Japan)”), with its headquarters in Tokyo, Japan. We are a financial technology and services company focused on improving the way employees access and manage their income. Our core product, the “FUKUPE” platform, is a patented Earned Wage Access (EWA) solution that allows employees to access their earned wages in real time, rather than waiting for a traditional payday.
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