Short Interest in Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) Expands By 153.0%

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEWGet Free Report) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 50,100 shares, an increase of 153.0% from the December 31st total of 19,800 shares. Based on an average trading volume of 243,500 shares, the short-interest ratio is presently 0.2 days.

Faraday Future Intelligent Electric Stock Performance

Shares of FFIEW stock traded up $0.00 during mid-day trading on Friday, reaching $0.04. The company’s stock had a trading volume of 34,295 shares, compared to its average volume of 294,572. Faraday Future Intelligent Electric has a 12-month low of $0.01 and a 12-month high of $0.13. The company’s 50 day simple moving average is $0.04 and its 200-day simple moving average is $0.03.

About Faraday Future Intelligent Electric

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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.

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