Short Interest in Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) Decreases By 18.7%

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 24,400 shares, a decrease of 18.7% from the January 31st total of 30,000 shares. Based on an average trading volume of 283,500 shares, the short-interest ratio is presently 0.1 days.

Faraday Future Intelligent Electric Price Performance

Faraday Future Intelligent Electric stock traded up $0.01 during trading hours on Wednesday, hitting $0.04. The stock had a trading volume of 221,627 shares, compared to its average volume of 280,833. The business’s 50 day simple moving average is $0.05 and its 200-day simple moving average is $0.03. Faraday Future Intelligent Electric has a one year low of $0.01 and a one year high of $0.13.

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.