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 increase in short interest in July. As of July 15th, there was short interest totalling 35,900 shares, an increase of 13.2% from the June 30th total of 31,700 shares. Based on an average trading volume of 566,100 shares, the short-interest ratio is presently 0.1 days.

Faraday Future Intelligent Electric Price Performance

FFIEW 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 52-week low of $0.01 and a 52-week high of $0.13. The stock’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $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.