Reported Earlier, Trump Media & Technology SEC Filing Explains To Shareholders How To Block Their DJT Stock Being Loaned To Short Sellers
Portfolio Pulse from Benzinga Newsdesk
A recent SEC filing by Trump Media & Technology Group outlines instructions for shareholders on preventing their DJT stock from being loaned to short sellers. This move could impact the stock's availability for short selling and potentially its market dynamics.
April 18, 2024 | 2:53 pm
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The SEC filing by Trump Media & Technology Group could lead to a decrease in the availability of DJT stock for short selling, potentially affecting its liquidity and volatility in the short term.
By providing shareholders with a method to prevent their shares from being loaned to short sellers, Trump Media & Technology Group could decrease the supply of DJT stock available for short selling. This reduction in supply could lead to decreased liquidity and increased volatility, potentially driving up the stock price in the short term due to a lower availability for short sellers.
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