Diginex Limited (NASDAQ:DGNX) Short Interest Update

Diginex Limited (NASDAQ:DGNX) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 360,550 shares, a decrease of 34.4% from the November 30th total of 549,771 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 844,376 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 844,376 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Diginex Stock Down 3.0%

Shares of DGNX stock traded down $0.20 during trading hours on Monday, reaching $6.45. The company had a trading volume of 148,851 shares, compared to its average volume of 1,177,640. Diginex has a 12 month low of $0.45 and a 12 month high of $39.85. The business has a fifty day simple moving average of $12.25 and a 200-day simple moving average of $11.07.

Institutional Trading of Diginex

Several institutional investors have recently made changes to their positions in DGNX. NewEdge Advisors LLC purchased a new stake in shares of Diginex in the third quarter valued at about $38,000. Bank of America Corp DE boosted its holdings in Diginex by 625.0% during the third quarter. Bank of America Corp DE now owns 2,900 shares of the company’s stock worth $42,000 after purchasing an additional 2,500 shares during the last quarter. Quarry LP bought a new position in shares of Diginex during the 3rd quarter worth approximately $44,000. Armistice Capital LLC purchased a new position in shares of Diginex in the 3rd quarter worth approximately $144,000. Finally, Tudor Investment Corp ET AL bought a new position in shares of Diginex in the third quarter valued at approximately $168,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Diginex in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Diginex presently has a consensus rating of “Sell”.

Diginex Company Profile

Diginex Limited (NASDAQ: DGNX) is a digital asset financial services and solutions provider catering to institutional clients and professional investors. The company offers end-to-end trading, custody, banking and advisory services across a range of digital assets. Through its proprietary platform, Diginex delivers secure and compliant market access, enabling clients to trade, hold and transact cryptocurrencies and tokenized assets with institutional-grade infrastructures.

Key offerings include the EQUOS digital asset exchange, which provides spot and derivatives trading, as well as a suite of custody and settlement solutions designed to meet stringent regulatory requirements.