Trump Media urges regulators to investigate hedge fund’s vast bet against stock

theguardian.comPublished: 4/17/2025

Summary

Donald Trump's media firm has asked regulators to investigate a hedge fund's large short position in its stock, suggesting potential illegal activity. The firm alleges that Qube Research & Technologies could be engaging in "naked short selling," where shares are sold without first being borrowed or located. Qube, which manages around $23 billion and is known for its collaborative culture, did not immediately comment on the allegations.