In the latest trading session, 1.23 million Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) shares changed hands as the company’s beta touched 4.71. With the company’s most recent per share price at $1.28 changed hands at -$0.02 or -1.68% at last look, the market valuation stands at $93.24M. FFAI’s current price is a discount, trading about -12087.5% off its 52-week high of $156.00. The share price had its 52-week low at $0.99, which suggests the last value was 22.66% up since then. When we look at Faraday Future Intelligent Electric Inc’s average trading volume, we note the 10-day average is 4.29 million shares, with the 3-month average coming to 17.02 million.
Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) trade information
Instantly FFAI was in red as seen in intraday trades today. With action 1.44%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -47.40%, with the 5-day performance at 1.44% in the green. However, in the 30-day time frame, Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) is -27.79% down. Looking at the short shares, we see there were 15.73 million shares sold at short interest cover period of 1.51 days.
Faraday Future Intelligent Electric Inc (NASDAQ:FFAI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.55% of Faraday Future Intelligent Electric Inc shares while 9.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 9.95%.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 697.91 shares estimated at $0.88 million under it, the former controlled 0.96% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.32% of the shares, roughly 230.98 shares worth around $0.29 million.