VinFast Auto Ltd. (NASDAQ:VFSWW) Stock Short Interest Report for October
by Sarita Garza · The Markets DailyVinFast Auto Ltd. (NASDAQ:VFSWW – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 228 shares, a decline of 90.4% from the September 30th total of 2,364 shares. Based on an average daily trading volume, of 4,099 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On VinFast Auto
A hedge fund recently bought a new position in VinFast Auto stock. Tidal Investments LLC bought a new stake in VinFast Auto Ltd. (NASDAQ:VFSWW – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 433,985 shares of the company’s stock, valued at approximately $156,000.
VinFast Auto Stock Performance
Shares of NASDAQ VFSWW remained flat at $0.18 during trading hours on Monday. 6,330 shares of the company traded hands, compared to its average volume of 11,010. The firm has a fifty day moving average of $0.23 and a two-hundred day moving average of $0.31. VinFast Auto has a twelve month low of $0.11 and a twelve month high of $0.58.
VinFast Auto Company Profile
VinFast Auto Ltd. is a Vietnamese automotive company focused on the development, manufacture and sale of electric vehicles. Its product lineup includes electric cars and sport utility vehicles, as well as electric scooters, buses and related battery products. The company also supports its vehicles through charging infrastructure, service centers and other customer services.
Founded in 2017, VinFast is part of the Vingroup ecosystem and has expanded its operations beyond Vietnam. The company serves customers in Vietnam and has pursued international growth in markets including the United States, Canada and Europe.
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