Mullen Automotive Inc (NASDAQ:MULN) Reduces -32.91% In A Week: What’s Lifting The Stock?

In recent trading session, Mullen Automotive Inc (NASDAQ:MULN) saw 0.48 million shares changing hands at last check today with its beta currently measuring 2.36. Company’s recent per share price level of $1.06 trading at $0.0 or 0.00% at last check today assigns it a market valuation of $2.78M. That most recent trading price of MULN’s stock is at a discount of -4443296.23% from its 52-week high price of $47100.00 and is indicating a premium of 9.43% from its 52-week low price of $0.96. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.66 million shares which gives us an average trading volume of 2.35 million if we extend that period to 3-months.

Mullen Automotive Inc (NASDAQ:MULN) trade information

Mullen Automotive Inc’s shares saw a change of -98.53% in year-to-date performance and have moved -32.91% in past 5-day. Mullen Automotive Inc (NASDAQ:MULN) showed a performance of -93.14% in past 30-days. Number of shares sold short was 1.11 million shares which calculate 0.23 days to cover the short interests.

Mullen Automotive Inc (NASDAQ:MULN)’s Major holders

Insiders are in possession of 5.35% of company’s total shares while institution are holding 2.94 percent of that, with stock having share float percentage of 3.10%. Investors also watch the number of corporate investors in a company very closely, which is 2.94% institutions for Mullen Automotive Inc that are currently holding shares of the company.

On the other hand, iShares Micro Cap ETF and Dimensional ETF Tr-Dimensional U.S. Core Equity 2 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 168.0 shares of worth $175.0 or 0.01% of the total outstanding shares. The later fund manager was in possession of 1.0 shares on Oct 31, 2024 , making its stake of worth around $1.0 in the company or a holder of 0.00% of company’s stock.