Mullen Automotive Inc (NASDAQ: MULN) Could Have Exceptional Returns?

In the last trading session, 4.27 million shares of the Mullen Automotive Inc (NASDAQ:MULN) were traded, and its beta was 2.69. Most recently the company’s share price was $2.18, and it changed around -$1.42 or -39.44% from the last close, which brings the market valuation of the company to $4.79M. MULN currently trades at a discount to its 52-week high of $4710000.00, offering almost -216054945.87% off that amount. The share price’s 52-week low was $3.50, which indicates that the current value has fallen by an impressive -60.55% since then. We note from Mullen Automotive Inc’s average daily trading volume that its 10-day average is 1.66 million shares, with the 3-month average coming to 335.51K.

Mullen Automotive Inc (NASDAQ:MULN) trade information

Instantly MULN has showed a red trend with a performance of -39.44% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.20 on recent trading dayincreased the stock’s daily price by 69.72%. The company’s shares are currently down -99.97% year-to-date, but still down -71.87% over the last five days. On the other hand, Mullen Automotive Inc (NASDAQ:MULN) is -97.37% down in the 30-day period. We can see from the shorts that 49505.0 shares have been sold at a short interest cover period of 0.12 day(s).

MULN Dividends

Mullen Automotive Inc’s next quarterly earnings report is expected to be released on 2021-Aug-15.

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

iShares Trust-iShares Micro-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 165.0 shares worth $359.0, making up 0.01% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 40.0 shares worth around $87.0, which represents about 0.00% of the total shares outstanding.