Jane Street Building Bigger Position in FFIE

According to a recent Form 13F filing submitted to the SEC, Jane Street Group disclosed a noteworthy and bullish position in FFIE stock. Here’s what you need to know about Faraday Future Intelligent Electric Inc., as well as Jane Street Group’s position in shares of FFIE stock:

About Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE)

Faraday Future Intelligent Electric Inc. engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was incorporated in 2014 and is headquartered in Gardena, California. Learn more about Faraday Future Intelligent Electric Inc. on their website here

Jane Street Group Position in FFIE

According to the most recent 13F filed by Jane Street Group, the firm added 738,255 shares of FFIE stock to it holdings in the recent quarter. That brings their total long position in Faraday Future Intelligent Electric Inc. to 896,953 shares, representing approximately 0.2218% of the entire 404,401,004 FFIE shares outstanding. Based on the most recent closing price of $0.56 per share of FFIE, the entire Jane Street Group position in Faraday Future Intelligent Electric Inc. stock is worth roughly $506,509.36.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Jane Street Group, LLC. Also be sure to check out more recent 13F filing analysis news here.