2023-08-15 07:33:42 ET
- Freedom Holding ( NASDAQ: FRHC ) dropped 9% in premarket trading amid a new short report from Hindenburg Research.
- Hindenburg alleges that Freedom ( FRHC ), an online brokerage with a market cap of $4.6 billion, may be skirting regulations, according to the new short report.
- Freedom ( FRHC ) didn't immediately respond to Seeking Alpha's email request for comment.
- Freedom Holding ( FRHC ) short interest is 3.2%.
- On Monday, Freedom ( FRHC ) said it had received a letter from Nasdaq stating that the company wasn't in compliance with the exchange's listing rule as a result of its failure to timely file its quarterly report on Form 10-Q for the quarter ended June 30.
For further details see:
Freedom Holding plunges amid new short report from Hindenburg Research