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News  ›  Benzinga

Trump Media Short Interest Jumps 31% Post-Merger As Traders Bet DJT Rally Will Fade Despite AI Data Center Ambitions

Benzinga Logo Benzinga By Ananya Gairola
Trump Media Short Interest Jumps 31% Post-Merger As Traders Bet DJT Rally Will Fade Despite AI Data Center Ambitions

Short sellers are increasing bets against Trump Media & Technology Group (DJT) following its announced $6 billion merger with Google-backed TAE Technologies. Short interest jumped 31% to 16 million shares worth $218 million in bearish bets since the December 18 announcement. While DJT shares rallied over 30%, the stock remains down 60% over the past year, and Trump's ownership stake would dilute from 40% to 20% post-merger.

Insights
CTSH   positive

Identified as a key player in an emerging digital health market with significant growth potential


DJT   negative

Despite a recent 30% rally post-merger announcement, the stock is down 60% over 12 months. Short interest surged 31% to $218 million in bearish bets, indicating traders expect the rally to fade. The company remains money-losing with concerns about long-term financial performance and strategy.