Shares of VinFast Auto Ltd. (NASDAQ:VFSWW – Get Free Report) traded down 4.7% during mid-day trading on Thursday . The company traded as low as $0.39 and last traded at $0.41. 3,137 shares were traded during trading, a decline of 84% from the average session volume of 20,080 shares. The stock had previously closed at $0.43.
VinFast Auto Stock Performance
The stock has a 50-day simple moving average of $0.41 and a 200-day simple moving average of $0.46.
Institutional Investors Weigh In On VinFast Auto
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:VFSWW – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 56,765 shares of the company’s stock, valued at approximately $28,000.
About VinFast Auto
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.
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