Short Interest in Faraday Future Stock Falls Below 3%

6
2
Favorite

Short Interest in Faraday Future Stock Falls Below 3%

InvestorPlace06-07

Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

Des79
·06-07
The hedgie is waiting for good chance to short. They are concentrating on GameStop. Shift our attention and shot it down.
Reply
1
Report
Whoopdeedoo
·06-07
Ok hedgie manipulating short interest right there
Reply
3
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1153005933?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-07 09:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1153005933","market":"us","top_or_hot":-1,"title":"Short Interest in Faraday Future Stock Falls Below 3%","media":"InvestorPlace","content":"<div>\n<p>Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for ...</p>\n\n<a href=\"https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Short Interest in Faraday Future Stock Falls Below 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShort Interest in Faraday Future Stock Falls Below 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-07 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for ...</p>\n\n<a href=\"https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FFIE","symbol_name":"Faraday Future","start_time":0,"source_url":"https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/","article_id":"1153005933","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1153005933","pubTimestamp":1717724754,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the Nasdaq. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As InvestorPlace contributor Josh Enomoto reports:“In a Form 10-K disclosure, the companyissued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to ","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FFIE":"Faraday Future"},"translate_title":"法拉第未来股票的空头兴趣降至3%以下","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FFIE":1.1},"content_text":"Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for another short squeeze in FFIE stock are most likely out of luck.Faraday Future Intelligent Electric stock doesn’t seem to be headed for another short squeeze. Earlier this month, shares of the electric vehicle (EV) producer suddenly began to surge during the “Roaring Kitty rally” ignited by meme stock investor Keith Gill. FFIE stock enjoyed more impressive gains than popular favorites such as GameStop and AMC Entertainment.Now, though, the trading frenzy has cooled off and Faraday’s Future is back to looking questionable. Short interest for the stock has fallen significantly since then, suggesting that we aren’t likely to see this microcap penny stock surge back to its previous levels.What’s Happening With FFIE Stock?Since last month’s short squeeze took FFIE stock to a close as high as $1.80 per share, Faraday has been gradually bleeding value and sinking back to its earlier prices. As of this writing, FFIE is back in the red and hovering around 52 cents. After a volatile week of mostly trending downward, Faraday’s prospects aren’t looking good, especially for those hoping for another squeeze.Let’s break down how bad things are for this stock. Data from Fintel shows that 2.75% of FFIE stock’s float is being sold short. That figure was 95% back on May 22. For short interest to fall that sharply suggests that short sellers are likely covering their positions. Likewise, the cost to borrow fee for Faraday is currently at 11%. That figure is still fairly high, but it isn’t considered extreme. On Fintel, FFIE currently boasts a short squeeze score of only 53.58 out of 100, suggesting another short squeeze isn’t likely.So, should investors bet on FFIE stock again? The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the Nasdaq. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As InvestorPlace contributor Josh Enomoto reports:“In a Form 10-K disclosure, the company issued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to secure new funding. Another major eyesore for the EV maker is that it failed to timely file its Form 10-Q for the first quarter of this year. That only adds to the delisting risks tied to Faraday Future stock.”The Bottom LineAt the end of the day, it’s hard to be optimistic about Faraday and FFIE stock making a real comeback. That’s because the company never actually made a comeback to begin with. It benefitted from retail investor interest and heavy short squeeze speculation.But as is often the case with meme stocks, no short squeeze is returning. Numbers don’t lie and, in the case of FFIE stock, they speak volumes. This struggling penny stock didn’t have much going for it prior to the Roaring Kitty rally. Now that the dust is settling, it’s clear investors are moving on and turning their attention toward stronger EV producers.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":314230478950696,"gmtCreate":1717736874344,"gmtModify":1717736878872,"author":{"id":"3577018109379877","authorId":"3577018109379877","name":"Des79","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577018109379877","idStr":"3577018109379877"},"htmlText":"The hedgie is waiting for good chance&nbsp;to short. They are concentrating&nbsp;on GameStop.&nbsp; Shift our attention and shot it down.","listText":"The hedgie is waiting for good chance&nbsp;to short. They are concentrating&nbsp;on GameStop.&nbsp; Shift our attention and shot it down.","text":"The hedgie is waiting for good chance to short. They are concentrating on GameStop. Shift our attention and shot it down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314230478950696","repostId":1153005933,"repostType":2,"repost":{"id":"1153005933","pubTimestamp":1717724754,"share":"https://ttm.financial/m/news/1153005933?lang=&edition=fundamental","pubTime":"2024-06-07 09:45","market":"us","language":"en","title":"Short Interest in Faraday Future Stock Falls Below 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1153005933","media":"InvestorPlace","summary":"The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the Nasdaq. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As InvestorPlace contributor Josh Enomoto reports:“In a Form 10-K disclosure, the companyissued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to ","content":"<html><head></head><body><ul style=\"\"><li><p>Short sellers seem to be moving on from <a href=\"https://laohu8.com/S/FFIE\">Faraday Future Intelligent Electric </a>.</p></li><li><p>Previously high short interest in the electric vehicle (EV) producer has fallen significantly.</p></li><li><p>Any investors hoping for another short squeeze in FFIE stock are most likely out of luck.</p></li></ul><p>Faraday Future Intelligent Electric stock doesn’t seem to be headed for another short squeeze. Earlier this month, shares of the electric vehicle (EV) producer suddenly began to surge during the “Roaring Kitty rally” ignited by meme stock investor Keith Gill. FFIE stock enjoyed more impressive gains than popular favorites such as GameStop and AMC Entertainment.</p><p style=\"text-align: start;\">Now, though, the trading frenzy has cooled off and Faraday’s Future is back to looking questionable. Short interest for the stock has fallen significantly since then, suggesting that we aren’t likely to see this microcap penny stock surge back to its previous levels.</p><h2 id=\"id_545499766\" style=\"text-align: start;\">What’s Happening With FFIE Stock?</h2><p style=\"text-align: start;\">Since last month’s short squeeze took FFIE stock to a close as high as $1.80 per share, Faraday has been gradually bleeding value and sinking back to its earlier prices. As of this writing, FFIE is back in the red and hovering around 52 cents. After a volatile week of mostly trending downward, Faraday’s prospects aren’t looking good, especially for those hoping for another squeeze.</p><p style=\"text-align: start;\">Let’s break down how bad things are for this stock. Data from Fintel shows that 2.75% of FFIE stock’s float is being sold short. That figure was 95% back on May 22. For short interest to fall that sharply suggests that short sellers are likely covering their positions. Likewise, the cost to borrow fee for Faraday is currently at 11%. That figure is still fairly high, but it isn’t considered extreme. On Fintel, FFIE currently boasts a short squeeze score of only 53.58 out of 100, suggesting another short squeeze isn’t likely.</p><p>So, should investors bet on FFIE stock again? The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the <strong>Nasdaq</strong>. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As <em>InvestorPlace</em> contributor Josh Enomoto reports:</p><blockquote><p><em>“In a Form 10-K disclosure, the company issued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to secure new funding. Another major eyesore for the EV maker is that it failed to timely file its Form 10-Q for the first quarter of this year. That only adds to the delisting risks tied to Faraday Future stock.”</em></p></blockquote><h2 id=\"id_2250512646\" style=\"text-align: start;\">The Bottom Line</h2><p style=\"text-align: start;\">At the end of the day, it’s hard to be optimistic about Faraday and FFIE stock making a real comeback. That’s because the company never actually made a comeback to begin with. It benefitted from retail investor interest and heavy short squeeze speculation.</p><p>But as is often the case with meme stocks, no short squeeze is returning. Numbers don’t lie and, in the case of FFIE stock, they speak volumes. This struggling penny stock didn’t have much going for it prior to the Roaring Kitty rally. Now that the dust is settling, it’s clear investors are moving on and turning their attention toward stronger EV producers.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Short Interest in Faraday Future Stock Falls Below 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShort Interest in Faraday Future Stock Falls Below 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-07 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for ...</p>\n\n<a href=\"https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FFIE":"Faraday Future"},"source_url":"https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153005933","content_text":"Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for another short squeeze in FFIE stock are most likely out of luck.Faraday Future Intelligent Electric stock doesn’t seem to be headed for another short squeeze. Earlier this month, shares of the electric vehicle (EV) producer suddenly began to surge during the “Roaring Kitty rally” ignited by meme stock investor Keith Gill. FFIE stock enjoyed more impressive gains than popular favorites such as GameStop and AMC Entertainment.Now, though, the trading frenzy has cooled off and Faraday’s Future is back to looking questionable. Short interest for the stock has fallen significantly since then, suggesting that we aren’t likely to see this microcap penny stock surge back to its previous levels.What’s Happening With FFIE Stock?Since last month’s short squeeze took FFIE stock to a close as high as $1.80 per share, Faraday has been gradually bleeding value and sinking back to its earlier prices. As of this writing, FFIE is back in the red and hovering around 52 cents. After a volatile week of mostly trending downward, Faraday’s prospects aren’t looking good, especially for those hoping for another squeeze.Let’s break down how bad things are for this stock. Data from Fintel shows that 2.75% of FFIE stock’s float is being sold short. That figure was 95% back on May 22. For short interest to fall that sharply suggests that short sellers are likely covering their positions. Likewise, the cost to borrow fee for Faraday is currently at 11%. That figure is still fairly high, but it isn’t considered extreme. On Fintel, FFIE currently boasts a short squeeze score of only 53.58 out of 100, suggesting another short squeeze isn’t likely.So, should investors bet on FFIE stock again? The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the Nasdaq. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As InvestorPlace contributor Josh Enomoto reports:“In a Form 10-K disclosure, the company issued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to secure new funding. Another major eyesore for the EV maker is that it failed to timely file its Form 10-Q for the first quarter of this year. That only adds to the delisting risks tied to Faraday Future stock.”The Bottom LineAt the end of the day, it’s hard to be optimistic about Faraday and FFIE stock making a real comeback. That’s because the company never actually made a comeback to begin with. It benefitted from retail investor interest and heavy short squeeze speculation.But as is often the case with meme stocks, no short squeeze is returning. Numbers don’t lie and, in the case of FFIE stock, they speak volumes. This struggling penny stock didn’t have much going for it prior to the Roaring Kitty rally. Now that the dust is settling, it’s clear investors are moving on and turning their attention toward stronger EV producers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314182251343952,"gmtCreate":1717724960821,"gmtModify":1717725029004,"author":{"id":"3573459984771398","authorId":"3573459984771398","name":"Whoopdeedoo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3573459984771398","idStr":"3573459984771398"},"htmlText":"Ok hedgie manipulating short interest right there","listText":"Ok hedgie manipulating short interest right there","text":"Ok hedgie manipulating short interest right there","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314182251343952","repostId":1153005933,"repostType":2,"repost":{"id":"1153005933","pubTimestamp":1717724754,"share":"https://ttm.financial/m/news/1153005933?lang=&edition=fundamental","pubTime":"2024-06-07 09:45","market":"us","language":"en","title":"Short Interest in Faraday Future Stock Falls Below 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1153005933","media":"InvestorPlace","summary":"The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the Nasdaq. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As InvestorPlace contributor Josh Enomoto reports:“In a Form 10-K disclosure, the companyissued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to ","content":"<html><head></head><body><ul style=\"\"><li><p>Short sellers seem to be moving on from <a href=\"https://laohu8.com/S/FFIE\">Faraday Future Intelligent Electric </a>.</p></li><li><p>Previously high short interest in the electric vehicle (EV) producer has fallen significantly.</p></li><li><p>Any investors hoping for another short squeeze in FFIE stock are most likely out of luck.</p></li></ul><p>Faraday Future Intelligent Electric stock doesn’t seem to be headed for another short squeeze. Earlier this month, shares of the electric vehicle (EV) producer suddenly began to surge during the “Roaring Kitty rally” ignited by meme stock investor Keith Gill. FFIE stock enjoyed more impressive gains than popular favorites such as GameStop and AMC Entertainment.</p><p style=\"text-align: start;\">Now, though, the trading frenzy has cooled off and Faraday’s Future is back to looking questionable. Short interest for the stock has fallen significantly since then, suggesting that we aren’t likely to see this microcap penny stock surge back to its previous levels.</p><h2 id=\"id_545499766\" style=\"text-align: start;\">What’s Happening With FFIE Stock?</h2><p style=\"text-align: start;\">Since last month’s short squeeze took FFIE stock to a close as high as $1.80 per share, Faraday has been gradually bleeding value and sinking back to its earlier prices. As of this writing, FFIE is back in the red and hovering around 52 cents. After a volatile week of mostly trending downward, Faraday’s prospects aren’t looking good, especially for those hoping for another squeeze.</p><p style=\"text-align: start;\">Let’s break down how bad things are for this stock. Data from Fintel shows that 2.75% of FFIE stock’s float is being sold short. That figure was 95% back on May 22. For short interest to fall that sharply suggests that short sellers are likely covering their positions. Likewise, the cost to borrow fee for Faraday is currently at 11%. That figure is still fairly high, but it isn’t considered extreme. On Fintel, FFIE currently boasts a short squeeze score of only 53.58 out of 100, suggesting another short squeeze isn’t likely.</p><p>So, should investors bet on FFIE stock again? The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the <strong>Nasdaq</strong>. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As <em>InvestorPlace</em> contributor Josh Enomoto reports:</p><blockquote><p><em>“In a Form 10-K disclosure, the company issued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to secure new funding. Another major eyesore for the EV maker is that it failed to timely file its Form 10-Q for the first quarter of this year. That only adds to the delisting risks tied to Faraday Future stock.”</em></p></blockquote><h2 id=\"id_2250512646\" style=\"text-align: start;\">The Bottom Line</h2><p style=\"text-align: start;\">At the end of the day, it’s hard to be optimistic about Faraday and FFIE stock making a real comeback. That’s because the company never actually made a comeback to begin with. It benefitted from retail investor interest and heavy short squeeze speculation.</p><p>But as is often the case with meme stocks, no short squeeze is returning. Numbers don’t lie and, in the case of FFIE stock, they speak volumes. This struggling penny stock didn’t have much going for it prior to the Roaring Kitty rally. Now that the dust is settling, it’s clear investors are moving on and turning their attention toward stronger EV producers.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Short Interest in Faraday Future Stock Falls Below 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShort Interest in Faraday Future Stock Falls Below 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-07 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for ...</p>\n\n<a href=\"https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FFIE":"Faraday Future"},"source_url":"https://investorplace.com/2024/06/short-interest-in-faraday-future-ffie-stock-falls-below-3/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153005933","content_text":"Short sellers seem to be moving on from Faraday Future Intelligent Electric .Previously high short interest in the electric vehicle (EV) producer has fallen significantly.Any investors hoping for another short squeeze in FFIE stock are most likely out of luck.Faraday Future Intelligent Electric stock doesn’t seem to be headed for another short squeeze. Earlier this month, shares of the electric vehicle (EV) producer suddenly began to surge during the “Roaring Kitty rally” ignited by meme stock investor Keith Gill. FFIE stock enjoyed more impressive gains than popular favorites such as GameStop and AMC Entertainment.Now, though, the trading frenzy has cooled off and Faraday’s Future is back to looking questionable. Short interest for the stock has fallen significantly since then, suggesting that we aren’t likely to see this microcap penny stock surge back to its previous levels.What’s Happening With FFIE Stock?Since last month’s short squeeze took FFIE stock to a close as high as $1.80 per share, Faraday has been gradually bleeding value and sinking back to its earlier prices. As of this writing, FFIE is back in the red and hovering around 52 cents. After a volatile week of mostly trending downward, Faraday’s prospects aren’t looking good, especially for those hoping for another squeeze.Let’s break down how bad things are for this stock. Data from Fintel shows that 2.75% of FFIE stock’s float is being sold short. That figure was 95% back on May 22. For short interest to fall that sharply suggests that short sellers are likely covering their positions. Likewise, the cost to borrow fee for Faraday is currently at 11%. That figure is still fairly high, but it isn’t considered extreme. On Fintel, FFIE currently boasts a short squeeze score of only 53.58 out of 100, suggesting another short squeeze isn’t likely.So, should investors bet on FFIE stock again? The company currently has plenty of strikes against it. Indeed, Faraday is dealing with the ongoing threat of losing its spot on the Nasdaq. Last week, the company withdrew its production outlook after a disappointing earnings report. But its financial problems will also likely make investors nervous. As InvestorPlace contributor Josh Enomoto reports:“In a Form 10-K disclosure, the company issued a going concern risk. Further, management may move to seek bankruptcy protection unless it’s able to secure new funding. Another major eyesore for the EV maker is that it failed to timely file its Form 10-Q for the first quarter of this year. That only adds to the delisting risks tied to Faraday Future stock.”The Bottom LineAt the end of the day, it’s hard to be optimistic about Faraday and FFIE stock making a real comeback. That’s because the company never actually made a comeback to begin with. It benefitted from retail investor interest and heavy short squeeze speculation.But as is often the case with meme stocks, no short squeeze is returning. Numbers don’t lie and, in the case of FFIE stock, they speak volumes. This struggling penny stock didn’t have much going for it prior to the Roaring Kitty rally. Now that the dust is settling, it’s clear investors are moving on and turning their attention toward stronger EV producers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":6,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}