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Short Interest in Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) Drops By 7.5%

kopsource ·  Jan 4, 2023 11:11

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW – Get Rating) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 39,400 shares, a decline of 7.5% from the November 30th total of 42,600 shares. Based on an average daily volume of 130,100 shares, the short-interest ratio is presently 0.3 days.

Faraday Future Intelligent Electric Price Performance

Shares of FFIEW remained flat at $0.07 during mid-day trading on Wednesday. The stock had a trading volume of 153,169 shares, compared to its average volume of 95,194. The business has a 50 day simple moving average of $0.07. Faraday Future Intelligent Electric has a 12 month low of $0.04 and a 12 month high of $1.22.

Further Reading

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