Trump Media & Technology Group Faces $106 Million Short Bet From Hedge Fund As Shares Plunge To 6-Month Low

Qube Research & Technologies Limited , a London-based hedge fund, has disclosed a substantial short position against Trump Media & Technology Group Corp. DJT , the company behind Truth Social, according to Germany’s Federal Gazette. What Happened : The position represents 2.

53% of DJT’s outstanding shares, valued at approximately $106.26 million based on the company’s $4.3 billion market capitalization.



DJT shares recently tumbled to a six-month low after the company registered for the potential sale of shares owned by President Donald Trump , who controls 53% of the business , and other shareholders. The stock has declined 41.33% year-to-date and trades more than 80% below its peak price following its March 2024 public debut via a Special Purpose Acquisition Company merger with Digital World Acquisition Corp .

Total short interest in DJT stood at 10.17% as of recent data from Benzinga . See Also: Nvidia Stock Could Get Boost From Another Jensen Huang Keynote Speech: Here’s The Date And Details Why It Matters : Despite the bearish position, DJT has been expanding its business model beyond social media.

The company recently announced a partnership with Yorkville America Equities and Index Technologies Group to launch Truth Social-branded Separately Managed Accounts focused on “American values” across four themes: Faith & Values, Liberty & Security, Energy Independence, and Made in America. CEO Devin Nunes described the initiative as offering “non-woke investment options.” The company also plans to introduce exchange-traded funds later this year in partnership with Crypto.

com, backed by TMTG’s $250 million cash reserves held by Charles Schwab . Price Action : DJT closed at $19.96, up 5.

44% on Tuesday, but dipped 1.50% in after-hours trading to $19.66.

Read Next: Justin Wolfers Says Simply ‘Absurd’ That Politicians Are Trading Stocks: ‘Time For Congress To Fix Itself’ Disclaimer : This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock – anytime. © 2025 Benzinga.

com. Benzinga does not provide investment advice. All rights reserved.

.