Trump Media Files SEC Complaint About Short-Selling

Newsweek reports:

President Donald Trump’s Trump Media & Technology Group (TMTG) wrote to the Securities and Exchange Commission (SEC) to alert it to “suspicious activity” after Qube, a U.K.-based hedge fund, declared a $105 million short position in its DJT stock. When an investor takes a short position in a company’s stock, they are betting that the share price will decline, so they can buy them back at a lower price.

In the letter, Trump Media, which operates the Truth Social social media platform heavily used by the president, said Qube disclosed its nearly six-million share short position—representing over 2.5 percent of publicly traded shares—in Germany on April 10. President Trump owns around 53 percent of public Trump Media stock, which he placed into a revocable trust before taking office for his second term.

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Here is prolific business fraud Donald Trump joking about how much money Charles Schwab and his buddies made shorting the market over the last few days.

I guess we’re just gonna sit back while MAGA and the rich screw working-class Americans and allied nations. https://t.co/5dCNTkp7Gh pic.twitter.com/XPm3jB3Ve3

— Ryan Shead (@RyanShead) April 10, 2025