Hedge fund reveals $105 million short against Trump Media, the owner of Truth Social

A hedge fund has revealed it's betting against President Donald Trump's media company. Qube Research & Technologies disclosed a net short position in Trump Media & Technology Group — representing 2.5% of the Truth Social owner's outstanding shares — in Germany's Federal Gazette on Monday. The wager is valued at about $105 million, based on TMTG's market value of about$4.2 billion.Breakout Point, the research firm that first spotted the filing, said in a note emailed to Business Insider that this was the f ...