Short Interest in Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) Drops By 79.7%

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEWGet Free Report) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 6,500 shares, a decline of 79.7% from the January 31st total of 32,000 shares. Based on an average daily volume of 88,000 shares, the short-interest ratio is currently 0.1 days.

Faraday Future Intelligent Electric Stock Performance

Shares of NASDAQ FFIEW remained flat at $0.01 during trading on Wednesday. 41,813 shares of the company’s stock traded hands, compared to its average volume of 102,073. Faraday Future Intelligent Electric has a 52 week low of $0.01 and a 52 week high of $0.14. The stock has a 50-day moving average price of $0.01 and a two-hundred day moving average price of $0.02.

About Faraday Future Intelligent Electric

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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.

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