Diginex Limited (NASDAQ:DGNX) Short Interest Update

Diginex Limited (NASDAQ:DGNX) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 747,828 shares, a growth of 57.7% from the December 31st total of 474,272 shares. Based on an average daily volume of 2,428,315 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 2,428,315 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Armistice Capital LLC acquired a new stake in shares of Diginex during the third quarter valued at about $144,000. PharVision Advisers LLC purchased a new stake in Diginex in the third quarter valued at approximately $262,000. UBS Group AG increased its holdings in shares of Diginex by 562.8% in the third quarter. UBS Group AG now owns 46,141 shares of the company’s stock valued at $664,000 after purchasing an additional 39,179 shares during the period. Geode Capital Management LLC boosted its holdings in Diginex by 10.0% in the 2nd quarter. Geode Capital Management LLC now owns 19,315 shares of the company’s stock valued at $994,000 after purchasing an additional 1,748 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Diginex during the 3rd quarter valued at approximately $168,000.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DGNX. Wall Street Zen downgraded Diginex from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Diginex in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Diginex Price Performance

Shares of NASDAQ DGNX remained flat at $1.10 during trading hours on Friday. 2,876,975 shares of the company traded hands, compared to its average volume of 4,897,797. Diginex has a 1 year low of $1.03 and a 1 year high of $39.85. The firm’s 50 day simple moving average is $5.74 and its two-hundred day simple moving average is $10.27.

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.