Trump Media has asked the U.S. SEC to investigate what it believes could be suspicious trading in its stock, DJT. The company pointed fingers at a U.K.-based hedge fund, Qube Research & Technologies, saying Qube may have played a role in creating strange ups and downs in DJT’s stock price.
According to Trump Media, Qube reported a big short position—about 6 million shares—on April 10, 2025, but only disclosed this in Germany, not in the U.S. The company finds this odd, especially since there’s no clear record of when or where these trades happened.
They also mentioned that total short interest in DJT hasn’t changed much, staying around 11 million shares. Trump Media is worried that this could be a case of “naked short selling,” which is illegal and can hurt the stock unfairly.
The company is urging the SEC to act quickly, investigate, and share the results with both them and law enforcement if needed. They ended by saying U.S. stock markets should be transparent—not chaotic or shady like a “third-world casino.”
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