VinFast stock dropped again, but that doesn't mean short sellers are making out like bandits. There are few shares shorted, for good reason.
VinFast Auto stock dropped again, but that doesn’t mean short sellers are making out like bandits. There are few shares shorted, for good reason.
Declines leave VinFast’s market capitalization at about $81 billion, making it the fifth most valuable automaker on the planet behind Tesla , Toyota Motor , Porsche and BYD . There are just a few shares sold short. VinFast “short interest is $4.9 million, 119 thousand shares shorted,” says short selling research firm S3 Partners managing director Ihor Dusaniwsky.
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