Trump Media urges regulators to investigate hedge fund's vast bet against stock

[erronis]

https://www.theguardian.com/us-news/2025/apr/17/trump-media-truth-social-qube

Company behind Truth Social accuses London-based hedge fund Qube of alleged ‘suspicious trading activity’

Donald Trump’s fledgling media firm has urged market regulators to investigate “suspicious activity” after a London-based hedge fund disclosed a vast bet against its stock.

Trump Media & Technology Group, owner of the US president’s Truth Social platform, raised questions over trading by Qube Research & Technologies.

Earlier this week, Qube revealed a significant short position in Trump Media via filings with Germany’s federal Gazette Bundesanzeiger. It disclosed a position of almost 6m shares, according to Trump Media.

Short-selling is a way of betting against a public company. An investor borrows a stock, and then sells it on; should the stock fall, the investor then buys it back and pockets the difference.

In a memo to the US Securities and Exchange Commission (SEC), Trump Media – which trades under the ticker “DJT”, using Trump’s initials – said the total short interest in the company was 10.7m as of 31 March, according to Nasdaq, where its shares are listed, and had only risen to about 11m as of Wednesday.

. . .

Methinks that Qube may know some pretty interesting information to take this large of a short position.

Of course shorts will influence other potential buyers and may make them hesitate to own the security.

[Bernardo de La Paz]

1. Trump Media has almost no earnings, lots of cash, and no R&D

They have promised a streaming service. Not seen a peep about it lately.

This week they announced two investment services for suckers to lose more money on.

Trump Media & Technology Group, the social media company started by President Donald Trump following his first term in office, announced Tuesday that it had joined with two investment firms to launch Truth Social-branded Separately Managed Accounts that the company says will “offer investors access to curated, thematic investment strategies rooted in American values and priorities.”

Trump Media said Tuesday that the lineup of portfolios will include strategies based on the themes of faith and values, liberty and security, energy independence, and made in America.

[erronis]

2. "strategies based on the themes of faith and values, liberty and security, energy independence, and made in America"

Pretty typical marketing speak trying to hit every button in some dimwit's investor criteria.

I've filled out job applications like that. Sure, I know "rocket science, brain surgery, inter-galactic communications, etc." Hire me.