Is a Giant Short Squeeze Brewing in Faraday Future (FFIE) Stock?
Faraday Future(FFIE) InvestorPlace·2024-05-14 15:25
Faraday Future (NASDAQ:FFIE) stock is rising higher on Tuesday as investors wonder if a massive short squeeze is coming for the electric vehicle (EV) company’s shares.Investors will note that FFIE’s short interest is sitting at 36,342,623 shares. That represents 95.33% of the company’s float. This makes it a prime target for a short squeeze.One reason that could be happening is the recent meme stock rally. This has several shares that were shortsqueezed in 2021 taking off recently. This is thanks to the ret ...