Trump Media presses US regulator to investigate short positions in its stocks

The media company majority owned by President Donald Trump, Trump Media & Technology Group, said on Thursday it had asked the U.S. Securities and Exchange Commission (SEC) to investigate a recent short position in its stocks. Hedge fund Qube Research & Technologies disclosed a roughly $105 million short position in Trump Media on Monday, according to a filing with Germany's federal Gazette Bundesanzeiger. Trump Media, which is 53% owned by Trump and is the parent company of the Truth Social platform, said in a memo sent to the SEC on Thursday it was concerned Qube's short positions could involve "suspicious activity."