Short Seller Alleges Grindr Hid SEC Investigation, Inflated User Metrics As Insiders Dumped $236 Million In Shares
1. Ningi Research alleges GRND is inflating user metrics and hiding SEC investigation. 2. Grindr app suffers from glitches, leading to user alienation and declining downloads. 3. Insiders have sold over $236 million in stock amid company turmoil. 4. Potential margin call risks could trigger forced liquidation of shares. 5. Despite issues, GRND trades at a premium compared to peers.