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

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEW) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 24,400 shares, a growth of 25.1% from the August 31st total of 19,500 shares. Based on an average daily trading volume, of 196,000 shares, the days-to-cover ratio is presently 0.1 days.

Faraday Future Intelligent Electric Stock Up 4.5 %

Shares of NASDAQ FFIEW traded up $0.00 during trading on Friday, hitting $0.02. The company had a trading volume of 36,887 shares, compared to its average volume of 282,430. The stock has a 50 day simple moving average of $0.03 and a 200 day simple moving average of $0.03. Faraday Future Intelligent Electric has a 12 month low of $0.01 and a 12 month high of $0.13.

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.