VinFast Auto (NASDAQ:VFSWW) Trading Down 5% – What’s Next?

VinFast Auto Ltd. (NASDAQ:VFSWWGet Free Report)’s stock price traded down 5% during mid-day trading on Thursday . The stock traded as low as $0.38 and last traded at $0.38. 694 shares were traded during trading, a decline of 97% from the average session volume of 20,341 shares. The stock had previously closed at $0.40.

VinFast Auto Trading Down 5.0 %

The company has a 50-day moving average of $0.39 and a 200-day moving average of $0.47.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VinFast Auto stock. Wolverine Asset Management LLC bought a new position in VinFast Auto Ltd. (NASDAQ:VFSWWFree Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 56,765 shares of the company’s stock, valued at approximately $28,000.

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.

Further Reading

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