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

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) saw a large 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 daily trading volume, of 243,500 shares, the days-to-cover ratio is presently 0.2 days.

Faraday Future Intelligent Electric Stock Performance

NASDAQ FFIEW traded up $0.00 on Friday, reaching $0.04. The stock had a trading volume of 34,295 shares, compared to its average volume of 294,572. Faraday Future Intelligent Electric has a 1-year low of $0.01 and a 1-year high of $0.13. The firm has a fifty day moving average of $0.04 and a two-hundred day moving average of $0.03.

About Faraday Future Intelligent Electric

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.