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Hedge fund reveals $105 million short against Trump Media, the owner of Truth Social

1. Qube Research disclosed a short position in Trump Media & Technology Group. 2. Position represents 2.5% of TMTG shares, valued at $105 million. 3. TMTG shares plunged after Trump signaled potential cash-out. 4. Stock is down 44% this year and 80% below peak price. 5. Total short interest in TMTG is currently 4.9%.

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FAQ

Why Bearish?

The hedge fund's short position reflects negative market sentiment towards TMTG. Historical patterns show short selling often correlates with declining stock prices.

How important is it?

The article highlights significant negative sentiment and potential cash-out by Trump, which affects investor confidence.

Why Short Term?

Immediate selling pressure from short positions could lead to further price drops. Similar events have previously caused short-term volatility in stocks.

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