Michael Burry Is Selling These 5 Stocks

2. Vy Global Growth (NYSE: VYGG)

Number of Hedge Fund Holders: 35 

Vy Global Growth (NYSE: VYGG) is ranked second on our list of 15 stocks Michael Burry is selling. It is a special purpose acquisition firm that operates from the Cayman Islands. Securities filings show that Scion Asset Management paid an estimated average price of $9.95 per share for the stake it accumulated in the company. The fund sold that stake during the second quarter of 2021. At the end of June, the shares of the firm were trading at $9.95. 

Vy Global Growth (NYSE: VYGG) has a market cap of $624 million and a volume of 168,590. The 52-week price range of the stock lies between $9.63 and $12.74. The company concentrates on mergers in the financial, technology, and business services sectors. 

At the end of the second quarter of 2021, 35 hedge funds in the database of Insider Monkey held stakes worth $281 million in Vy Global Growth (NYSE: VYGG), down from 36 in the previous quarter worth $292 million.