“Financial advisory company Austin Private Wealth shorted 12 million shares of Trump Media July 12, the day before former President Donald Trump’s attempted assassination.”
Social media posts
Instagram posts. Claim dated 18 Jul 2024.
PolitiFact rated thisFalse
What PolitiFact found
Austin Private Wealth, an investment adviser, said the amount of shorted Trump Media shares reported in its July 12 filing was incorrect. The accurate holding amount was 1,200 shares, not 12 million.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 18 July 2024. PolitiFact (United States) looked into it and published its finding on 25 July 2024, 7 days later. Its rating was “False”.
Where the claim appeared
- Instagram posthttps://www.instagram.com/p/C9swTerSZSU/
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.