Short Interest in VinFast Auto Ltd. (NASDAQ:VFSWW) Increases By 53.9%

VinFast Auto Ltd. (NASDAQ:VFSWWGet Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 33,400 shares, a growth of 53.9% from the April 15th total of 21,700 shares. Based on an average daily volume of 19,200 shares, the days-to-cover ratio is currently 1.7 days.

VinFast Auto Stock Performance

Shares of NASDAQ VFSWW opened at $0.44 on Friday. VinFast Auto has a 52-week low of $0.38 and a 52-week high of $10.00. The company’s 50 day moving average price is $0.61 and its 200-day moving average price is $0.99.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VinFast Auto stock. Bluefin Capital Management LLC bought a new stake in shares of VinFast Auto Ltd. (NASDAQ:VFSWWFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 74,280 shares of the company’s stock, valued at approximately $290,000.

VinFast Auto Company Profile

(Get Free Report)

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.

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