Hedge fund Qube unveils $105 million short position in Trump Media
- Posted on April 14, 2025
- By Yahoo News
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Hedge fund Qube unveils $105 million short position in Trump Media
NEW YORK (Reuters) -Hedge fund Qube Research & Technologies unveiled a roughly $105 million short position against shares in Trump Media & Technology Group on Monday, according to a filing with Germany's federal Gazette Bundesanzeiger. Qube's disclosed position in Trump Media, which was first reported by research firm Breakout Point, equates to 2.53% of the total free float of Trump Media. Trump Media and global quantitative and systematic hedge fund Qube did not immediately respond to a Reuters request for comment about the short position.