Trump Media & Technology Group, the parent company of Truth Social, has urged the SEC to investigate potentially unlawful trading activities related to its stock, DJT, particularly alleging that UK-based firm Qube might be short selling shares without proper disclosure. In a letter to SEC Acting Chairman Mark Uyeda, Trump Media claimed Qube had disclosed a short position of six million shares valued at $105 million but did not inform their own regulators. Furthermore, the company alleged that Qube's short position increased to 11 million shares. The request comes amid financial struggles for Trump Media, which reported revenues of less than $4 million and significant operating losses. Following these challenges, DJT shares have fallen by 35% this year. The SEC's potential investigation may shed light on the alleged misconduct as Trump Media seeks to navigate its ongoing legal and financial issues.

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