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Monster $105M short bet made against Trump stock

The London-based global quantitative investment management company Qube Research & Technologies unveiled a massive 105millionshortpositionagainstTrumpMedia(NASDAQ:DJT)intheGermanFederalGazette.Thefilingrevealedthatthehedgefundestablishedtheshortpositionwhichaccountsforasubstantial2.53105 million short position against Trump Media (NASDAQ: DJT) in the German Federal Gazette.The filing revealed that the hedge fund established the short position – which accounts for a substantial 2.53% of DJT’s total float – on April 10, the day Trump Media stock hit its April high of 20.27.Qube Research’s short position against DJT. Source: BundesanzeigerThe position is interesting because, ...