Short interest in Trump Media & Technology Group has surged by 31% to nearly 16 million shares, nearing the highest level since October. This increase follows the company's announcement of a proposed $6 billion all-stock merger with TAE Technologies, a fusion energy firm backed by Google. Donald Trump, who holds approximately 115 million shares, or 40% of Trump Media, would see his stake reduced to about 20% due to equity dilution if the merger proceeds.
Trump Media Short Positions Rise 31% Amid $6B TAE Merger Plan
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