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Benzinga
Benzinga
Business
Wayne Duggan

Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

Digital World Acquisition Corp (NASDAQ:DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly in Tuesday's midterm elections.

Digital World shares are now down 56.8% overall year-to-date, and short sellers are betting aggressively on more downside ahead.

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