Diginex Limited (NASDAQ:DGNX) Short Interest Down 34.4% in December

Diginex Limited (NASDAQ:DGNX) was the recipient 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 shares of the stock are short sold. Based on an average daily trading volume, of 844,376 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 844,376 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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, According to data from MarketBeat, Diginex has a consensus rating of “Sell”.

Hedge Funds Weigh In On Diginex

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL acquired a new stake in Diginex in the third quarter valued at approximately $168,000. NewEdge Advisors LLC acquired a new stake in shares of Diginex during the 3rd quarter valued at $38,000. Armistice Capital LLC bought a new stake in Diginex during the 3rd quarter worth $144,000. PharVision Advisers LLC acquired a new position in Diginex in the 3rd quarter worth about $262,000. Finally, Quarry LP bought a new position in Diginex in the third quarter valued at about $44,000.

Diginex Trading Down 3.8%

Diginex stock opened at $6.40 on Tuesday. Diginex has a 12-month low of $0.45 and a 12-month high of $39.85. The business’s 50-day moving average price is $12.09 and its two-hundred day moving average price is $11.06.

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.