VinFast Auto Ltd. (NASDAQ:VFSWW) Short Interest Down 20.0% in August

VinFast Auto Ltd. (NASDAQ:VFSWW) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 2,400 shares, a drop of 20.0% from the August 15th total of 3,000 shares. Based on an average daily trading volume, of 14,500 shares, the short-interest ratio is currently 0.2 days.

VinFast Auto Trading Down 2.0 %

NASDAQ VFSWW opened at $0.45 on Monday. The business’s fifty day moving average is $0.49 and its 200 day moving average is $0.56. VinFast Auto has a fifty-two week low of $0.38 and a fifty-two week high of $6.90.

Hedge Funds Weigh In On VinFast Auto

An institutional investor recently bought a new position in VinFast Auto stock. Wolverine Asset Management LLC bought a new position in VinFast Auto Ltd. (NASDAQ:VFSWW) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 56,765 shares of the company’s stock, valued at approximately $28,000.

VinFast Auto Company Profile

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.