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Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) Sees Significant Decrease in Short Interest

Defense World · Dec 18, 2022 03:51

FFIE -2.70% Future +1.86% FFIEW +13.93%

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW – Get Rating) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 42,600 shares, a decline of 10.3% from the November 15th total of 47,500 shares. Based on an average trading volume of 132,600 shares, the days-to-cover ratio is presently 0.3 days.

Faraday Future Intelligent Electric Stock Performance

Faraday Future Intelligent Electric stock opened at $0.06 on Friday. The business has a fifty day moving average of $0.08. Faraday Future Intelligent Electric has a 12 month low of $0.05 and a 12 month high of $1.25.

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