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

VinFast Auto Ltd. (NASDAQ:VFS) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 2,350,000 shares, a growth of 19.9% from the January 31st total of 1,960,000 shares. Approximately 4.7% of the company’s stock are sold short. Based on an average trading volume of 850,800 shares, the short-interest ratio is currently 2.8 days.

VinFast Auto Trading Up 0.9 %

Shares of VinFast Auto stock opened at $3.42 on Friday. The company has a fifty day simple moving average of $3.90 and a 200-day simple moving average of $3.94. VinFast Auto has a 12-month low of $2.26 and a 12-month high of $6.42. The stock has a market cap of $8.00 billion, a price-to-earnings ratio of -3.11 and a beta of 0.93.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Tidal Investments LLC grew its position in VinFast Auto by 10.9% during the 4th quarter. Tidal Investments LLC now owns 191,130 shares of the company’s stock worth $770,000 after purchasing an additional 18,709 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in VinFast Auto during the 4th quarter worth $600,000. SBI Securities Co. Ltd. purchased a new position in VinFast Auto during the 4th quarter worth $153,000. Mariner LLC grew its position in VinFast Auto by 84.2% during the 4th quarter. Mariner LLC now owns 24,666 shares of the company’s stock worth $99,000 after purchasing an additional 11,277 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in VinFast Auto during the 4th quarter worth $51,000.

VinFast Auto Company Profile

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.