Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) Sees Large Growth in Short Interest

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 35,900 shares, a growth of 13.2% from the June 30th total of 31,700 shares. Based on an average daily trading volume, of 566,100 shares, the days-to-cover ratio is currently 0.1 days.

Faraday Future Intelligent Electric Stock Performance

FFIEW stock remained flat at $0.04 on Wednesday. 164,140 shares of the company were exchanged, compared to its average volume of 305,291. Faraday Future Intelligent Electric has a fifty-two week low of $0.01 and a fifty-two week high of $0.13. The company has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.03.

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.