Can Mullen Automotive Inc (NASDAQ: MULN) Still Be Considered A Loss When It’s Down -99.74% YTD?

During the recent session, Mullen Automotive Inc (NASDAQ:MULN)’s traded shares were 35.89 million, with the beta value of the company hitting 2.47. At the last check today, the stock’s price was $0.18, reflecting an intraday loss of -7.68% or -$0.02. The 52-week high for the MULN share is $47100.00, that puts it down -26166566.67 from that peak though still a striking -5.56% loss since the share price plummeted to a 52-week low of $0.19. The company’s market capitalization is $0.67M, and the average intraday trading volume over the past 10 days was 58.27 million shares, and the average trade volume was 12.04 million shares over the past three months.

Mullen Automotive Inc (NASDAQ:MULN) trade information

Mullen Automotive Inc (MULN) registered a -7.68% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.68% in intraday trading to $0.18, hitting a weekly high. The stock’s 5-day price performance is -45.90%, and it has moved by -95.45% in 30 days. Based on these gigs, the overall price performance for the year is -100.00%. The short interest in Mullen Automotive Inc (NASDAQ:MULN) is 1.58 million shares and it means that shorts have 0.23 day(s) to cover.

MULN Dividends

Mullen Automotive Inc is due to release its next quarterly earnings on 2021-Aug-15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Mullen Automotive Inc insiders own 5.35% of total outstanding shares while institutional holders control 2.94%, with the float percentage being 3.10%.

Also, the Mutual Funds coming in first place with the largest holdings of Mullen Automotive Inc (MULN) shares are iShares Trust-iShares Micro-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. Data provided on Dec 31, 2024 indicates that iShares Trust-iShares Micro-Cap ETF owns about 168.0 shares. This amounts to just over 0.01 percent of the company’s overall shares, with a $29.0 market value. The same data shows that the other fund manager holds slightly less at 40.0, or about 0.00% of the stock, which is worth about $6.0.