VinFast Auto Ltd. (NASDAQ:VFSWW) Short Interest Update

VinFast Auto Ltd. (NASDAQ:VFSWW) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 578 shares, a drop of 48.9% from the January 15th total of 1,131 shares. Based on an average trading volume of 2,146 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 2,146 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VinFast Auto stock. Wolverine Asset Management LLC lifted its holdings in VinFast Auto Ltd. (NASDAQ:VFSWW) by 100.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,476 shares of the company’s stock after buying an additional 84,081 shares during the period. Wolverine Asset Management LLC’s holdings in VinFast Auto were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

VinFast Auto Price Performance

VinFast Auto stock opened at $0.13 on Thursday. The company’s fifty day moving average price is $0.16 and its 200 day moving average price is $0.20. VinFast Auto has a 1 year low of $0.11 and a 1 year high of $0.44.

VinFast Auto Company Profile

VinFast Auto Pte. Ltd., a subsidiary of Vietnam’s Vingroup JSC, is the nation’s first major automotive manufacturer and a rapidly growing player in the global electric vehicle (EV) market. Founded in 2017 and headquartered in Hai Phong, Vietnam, the company was established with the ambition of designing, developing and producing passenger vehicles that meet international quality and safety standards. VinFast has leveraged Vingroup’s financial and industrial backing to bring its first models to market within a remarkably short timeframe, positioning itself as a pioneer among new-generation EV brands.

The company’s core business revolves around the design, engineering, production and sale of EVs, including sport utility vehicles and electric buses.