FF EAI Robotics Ecosystem Inc. (NASDAQ:FFR) Stock Short Interest Drops 73.6%

FF EAI Robotics Ecosystem Inc. (NASDAQ:FFR) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 299,405 shares, a decrease of 73.6% from the September 30th total of 1,132,139 shares. Based on an average daily volume of 1,850,549 shares, the days-to-cover ratio is currently 0.2 days. Approximately 1.4% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Several analysts recently commented on FFR shares. Wall Street Zen upgraded shares of FF EAI Robotics Ecosystem to a “sell” rating in a research report on Saturday, October 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of FF EAI Robotics Ecosystem in a research note on Monday, October 19th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

FF EAI Robotics Ecosystem Stock Performance

Shares of FF EAI Robotics Ecosystem stock traded up $0.02 during trading on Friday, reaching $1.07. The company had a trading volume of 91,475 shares, compared to its average volume of 745,909. The company has a market cap of $22.59 million, a price-to-earnings ratio of -0.19 and a beta of 0.50. The firm’s fifty day moving average is $1.13 and its 200-day moving average is $1.23. FF EAI Robotics Ecosystem has a fifty-two week low of $0.59 and a fifty-two week high of $3.34.

FF EAI Robotics Ecosystem (NASDAQ:FFR) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.21) earnings per share (EPS) for the quarter.

About FF EAI Robotics Ecosystem

FF EAI Robotics Ecosystem (NASDAQ: FFR) is a technology company focused on developing an ecosystem that combines artificial intelligence, electric vehicles and robotics. Its activities are centered on intelligent mobility products, software and related services designed to connect vehicles, users and digital technologies.

The company is historically associated with Faraday Future, an electric-vehicle developer known for the FF 91 luxury electric vehicle. The FF 91 was designed as a high-performance, connected vehicle featuring advanced driver-assistance technology, digital services and a premium interior.