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Short Sellers Circle Trump Media After AI-Energy Deal Rally

Short Sellers Circle Trump Media After AI-Energy Deal Rally

Published:
2026-01-03 09:26:02
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BTCCSquare news:

Trump Media's 63% two-day surge following its $6 billion merger announcement with TAE Technologies has drawn a 31% spike in short interest, reaching nearly 16 million shares. Bearish bets now total $218 million as traders anticipate a pullback from the AI-linked rally.

The stock remains down 60% year-over-year despite recent gains, with Donald Trump's stake poised to halve post-merger. Market skepticism persists as volatility and short positioning echo October levels.

|Square

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