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

VinFast Auto Ltd. (NASDAQ:VFSWW) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 4,550 shares, a growth of 313.6% from the March 31st total of 1,100 shares. Based on an average trading volume of 43,491 shares, the short-interest ratio is currently 0.1 days.

VinFast Auto Stock Performance

NASDAQ VFSWW opened at $0.49 on Monday. VinFast Auto has a 52 week low of $0.11 and a 52 week high of $0.58. The firm has a 50 day moving average of $0.26 and a two-hundred day moving average of $0.20.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VinFast Auto stock. Wolverine Asset Management LLC boosted its position in shares of VinFast Auto Ltd. (NASDAQ:VFSWW) by 100.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 167,476 shares of the company’s stock after acquiring 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 SEC filing.

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.