Short Interest in Diginex Limited (NASDAQ:DGNX) Expands By 31.5%

Diginex Limited (NASDAQ:DGNX) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 474,272 shares, a growth of 31.5% from the December 15th total of 360,550 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 467,308 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 467,308 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.3% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

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

Diginex Stock Performance

DGNX traded down $0.05 during midday trading on Friday, reaching $2.12. 2,197,885 shares of the company were exchanged, compared to its average volume of 1,440,143. Diginex has a one year low of $0.45 and a one year high of $39.85. The company’s fifty day moving average price is $8.24 and its 200 day moving average price is $10.67.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Tudor Investment Corp ET AL bought a new stake in Diginex during the third quarter valued at approximately $168,000. NewEdge Advisors LLC purchased a new stake in shares of Diginex during the 3rd quarter valued at $38,000. Armistice Capital LLC bought a new stake in shares of Diginex during the 3rd quarter worth $144,000. PharVision Advisers LLC purchased a new position in Diginex in the third quarter worth $262,000. Finally, Quarry LP bought a new position in Diginex in the third quarter valued at $44,000.

About Diginex

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.