Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) Short Interest Update

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 32,900 shares, a decrease of 60.7% from the May 31st total of 83,700 shares. Based on an average daily volume of 549,700 shares, the days-to-cover ratio is presently 0.1 days.

Faraday Future Intelligent Electric Stock Performance

Shares of FFIEW traded down $0.01 during mid-day trading on Friday, reaching $0.04. The company’s stock had a trading volume of 94,540 shares, compared to its average volume of 339,931. Faraday Future Intelligent Electric has a 1-year low of $0.01 and a 1-year high of $0.13. The business has a 50-day simple moving average of $0.04 and a two-hundred day simple moving average of $0.02.

Faraday Future Intelligent Electric Company Profile

Faraday Future Intelligent Electric Inc engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States. The company was incorporated in 2014 and is headquartered in Los Angeles, California.