VinFast Auto Ltd. (NASDAQ:VFS) Sees Significant Growth in Short Interest

Posted by Bonnie Powley on Apr 3rd, 2025

VinFast Auto Ltd. (NASDAQ:VFS – Get Free Report) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,350,000 shares, an increase of 28.4% from the February 28th total of 1,830,000 shares. Currently, 4.7% of the shares of the stock are sold short. Based on an average daily volume of 631,500 shares, the days-to-cover ratio is currently 3.7 days.

Analyst Upgrades and Downgrades

Separately, Chardan Capital raised shares of VinFast Auto to a “strong-buy” rating in a report on Monday, March 24th.

Check Out Our Latest Research Report on VinFast Auto

VinFast Auto Trading Down 1.2 %

Shares of VFS opened at $3.18 on Thursday. 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 $7.44 billion, a P/E ratio of -2.89 and a beta of 0.93. The company has a 50-day moving average of $3.57 and a two-hundred day moving average of $3.89.

Institutional Investors Weigh In On VinFast Auto

Hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new position in VinFast Auto in the fourth quarter valued at $26,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of VinFast Auto during the 4th quarter valued at about $29,000. Walleye Trading LLC purchased a new position in shares of VinFast Auto during the 4th quarter worth about $46,000. XTX Topco Ltd acquired a new stake in shares of VinFast Auto in the third quarter worth approximately $48,000. Finally, Jump Financial LLC purchased a new stake in VinFast Auto in the fourth quarter valued at approximately $51,000.

VinFast Auto Company Profile

(Get Free Report)

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.