Highbridge Capital Management LLC Sells 237,496 Shares of VinFast Auto Ltd. (NASDAQ:VFSWW)

Highbridge Capital Management LLC lessened its stake in VinFast Auto Ltd. (NASDAQ:VFSWW) by 34.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 446,336 shares of the company’s stock after selling 237,496 shares during the quarter. Highbridge Capital Management LLC’s holdings in VinFast Auto were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Wolverine Asset Management LLC acquired a new position in VinFast Auto during the 2nd quarter worth $28,000.

VinFast Auto Trading Down 7.1 %

Shares of VFSWW opened at $0.40 on Thursday. VinFast Auto Ltd. has a 52 week low of $0.31 and a 52 week high of $6.60. The business’s fifty day moving average price is $0.48 and its two-hundred day moving average price is $0.55.

VinFast Auto 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.