07:55 AM EDT, 06/05/2024 (MT Newswires) -- Trump Media & Technology Group Corp ( DJT ) has asked Nasdaq (NDAQ) to cooperate in investigations into alleged market manipulation of its shares by so-called "naked" short sellers, according to a letter Tuesday addressed to Nasdaq CEO Adena Friedman by Trump Media ( DJT ) CEO Devin Nunes attached to an 8-K regulatory filing with the Securities and Exchange Commission.

Nunes told Friedman he has asked Congress to urge the Financial Industry Regulatory Authority to issue electronic blue sheets for Trump Media's ( DJT ) trading data from April 29, April 30, May 1, May 2, May 3, May 6, May 30, May 31, and June 3 to determine if "sophisticated investors" were engaging in illegal naked short selling of Trump Media ( DJT ) stock.

Nunes said "anomalies surrounding the trading" of the Trump Media ( DJT ) "appear to be growing even more severe" as failures to deliver for the company's shares "remain shockingly high."

Nunes said FTDs on tradings days May 2, May 3 and May 6 exceeded two million shares.

Nunes asked Friedman for Nasdaq to "fulsomely cooperate with any and all congressional or other investigations into these firms--including by promptly providing responsive data within Nasdaq's possession."

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