Trump Media stock jumps for second day as company goes to battle with short sellers

📆 19/04/2024 2:07 AM
📰 YahooFinanceCA

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President Donald Trump,Transferring Shares,Special Purpose Acquisition Company

Trump Media is advising investors on ways to prevent their shares from being loaned for a short interest position.

) stock jumped as much as 15% on Thursday as the company tried to fend off short sellers amid a volatile trading week.posted Wednesday, the company is advising investors on ways to prevent their shares from being loaned for a short interest position.— bets that the stock price will fall rather than rise — is about 13% of outstanding shares, according to the latest data from S3 Partners. That's up from roughly 11% at the time of its public market debut.

Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to tank this week.DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers. Net Worth for Baby Boomers: How To Tell Whether You’re Poor, Middle Class, Upper Middle Class or Rich

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