
$FFIE has experienced a notable surge in trading activity, with its stock price increasing by approximately 82% at the opening bell on December 30, 2024. This follows a week of heightened interest, where the stock saw a trading volume of 27 million shares on December 29, and it is projected to reach 150 million on December 31. The stock is currently ranked #6 in terms of interest among Chinese investors. There has been significant short selling activity, with reports indicating that 10 million shares were sold short on December 29, representing about 25% of the float. As of December 31, short share volume for $FFIE reached 45 million, and there are indications that short share availability is dwindling. Analysts suggest that if retail buying pressure persists, it could lead to a short squeeze, forcing short sellers to cover their positions. The stock's recent performance has prompted some investors to take positions in call options, anticipating further gains as trading continues into 2025.
$MFI on watch for an overnight. China with same float and chart as $NCI https://t.co/jW51KLMheX
$MFI acting like $NXU $NCI $FLYE before they ran massively! trading thin, we might see $1+ soon! https://t.co/doMwE2rzhq
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