Trump Media Seeks to Block Short Sellers

“Trump Media is telling its shareholders how to prevent their stock from being loaned to short sellers — who bet the price of the shares will drop,” CNBC reports.

“The short-selling-prevention tips posted Wednesday on Trump Media’s website come as its DJT stock has sharply fallen in price since it began being public trading on March 26 — and as short sellers have taken a keen interest in the owner of the Truth Social app despite relatively high fees to finance such trades.”