VinFast Auto (NASDAQ:VFSWW) Shares Down 1.9%

VinFast Auto Ltd. (NASDAQ:VFSWW)’s share price traded down 1.9% during mid-day trading on Wednesday . The company traded as low as $0.44 and last traded at $0.44. 559 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 22,225 shares. The stock had previously closed at $0.45.

VinFast Auto Trading Down 1.9 %

The company’s fifty day moving average is $0.63 and its 200 day moving average is $0.99.

Institutional Investors Weigh In On VinFast Auto

A hedge fund recently bought a new stake in VinFast Auto stock. Bluefin Capital Management LLC purchased a new stake in shares of VinFast Auto Ltd. (NASDAQ:VFSWW) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 74,280 shares of the company’s stock, valued at approximately $290,000.

VinFast Auto Company Profile

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.