According to the financial news agency on April 16 (edited by Xiaoxiang), the hedge fund Qube Research & Technologies disclosed in a filing submitted to the German Federal Gazette (Bundesanzeiger) that it holds about 0.105 billion USD.$Trump Media & Technology (DJT.US)$in short positions.

Research firm Breakout Point was the first to report Qube's disclosed position in DJT, which accounts for 2.53% of DJT's total free float.

As a major shareholder of DJT, Trump himself controls 53% of the company's shares. DJT is also the parent company of Trump's social media platform, Truth Social.

According to Breakout Point, this disclosure by Qube marks the first time DJT appears in the public records of short positions required by regulatory authorities.

In percentage terms, this is also Qube's second largest short position after B Riley Financial. This London-based quant fund currently manages approximately 28 billion USD in assets.

As a stock that is extremely popular among retail investors, the price of DJT has dropped 44% this year after approximately doubling last year. According to LSEG, the short ratio for this company with a Market Cap of 4.2 billion USD is currently at 4.9%.

This also means that Qube alone accounts for over 'half' of all DJT short positions.

Qube currently refuses to make any public comments but stated in an email that its positions are driven by Algo models and "do not reflect specific views on the company's fundamentals."

Investors who adopt a Short Sell strategy typically bet that the stock price of the underlying company will decline. In a short selling Trade, investors borrow Stocks and Sell them, attempting to buy back the Stocks at a lower price after the stock price drops to pay off the loan, thus earning the difference.

Earlier this month, the stock price of DJT experienced a sharp decline due to increased speculation about Trump's potential stock liquidation, with the company's filed documents paving the way for the Trump Trust to potentially sell shares on a large scale.

However, Trump personally recommended buying DJT to investors last week. Before announcing the suspension of tariffs on dozens of countries on Wednesday, Trump posted on Social Media that "now is a good time to Buy!!! DJT."

This also triggered accusations in the USA public opinion against Trump and his White House team for engaging in insider trading and manipulating stock prices.

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Editor/danial