VinFast Auto Ltd. (NASDAQ:VFSWW) Stock Short Interest Report for October

VinFast Auto Ltd. (NASDAQ:VFSWW) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 228 shares, a decrease of 90.4% from the September 30th total of 2,364 shares. Based on an average daily volume of 4,099 shares, the days-to-cover ratio is presently 0.1 days.

VinFast Auto Stock Performance

Shares of NASDAQ VFSWW opened at $0.18 on Wednesday. The stock has a 50 day moving average of $0.23 and a 200-day moving average of $0.27. VinFast Auto has a 12 month low of $0.11 and a 12 month high of $0.58.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VinFast Auto stock. Tidal Investments LLC bought a new stake in VinFast Auto Ltd. (NASDAQ:VFSWW) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 433,985 shares of the company’s stock, valued at approximately $156,000.

VinFast Auto Company Profile

VinFast Auto Ltd. is a Vietnamese automotive company focused on the development, manufacture and sale of electric vehicles. Its product lineup includes electric cars and sport utility vehicles, as well as electric scooters, buses and related battery products. The company also supports its vehicles through charging infrastructure, service centers and other customer services.

Founded in 2017, VinFast is part of the Vingroup ecosystem and has expanded its operations beyond Vietnam. The company serves customers in Vietnam and has pursued international growth in markets including the United States, Canada and Europe.