Mullen Automotive Inc (NASDAQ:MULN) Share Price Rebounds 0.0% From The Lows – But Can It Keep Going?

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In last trading session, Mullen Automotive Inc (NASDAQ:MULN) saw 73.08 million shares changing hands with its beta currently measuring 1.67. Company’s recent per share price level of $0.1 trading at -$0.01 or -7.72% at ring of the bell on the day assigns it a market valuation of $1.08M. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 75.63 million shares which gives us an average trading volume of 18.94 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 -100.00% in year-to-date performance and have moved -31.88% in past 5-day. Mullen Automotive Inc (NASDAQ:MULN) showed a performance of -95.24% in past 30-days. Number of shares sold short was 0.82 million shares which calculate 0.25 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 79.12% during past 5 years.

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

Insiders are in possession of 5.98% of company’s total shares while institution are holding 3.52 percent of that, with stock having share float percentage of 3.74%. Investors also watch the number of corporate investors in a company very closely, which is 3.52% institutions for Mullen Automotive Inc that are currently holding shares of the company. SUSQUEHANNA INTERNATIONAL GROUP, LLP is the top institutional holder at MULN for having 2.67 million shares of worth $6.4 million. And as of 2024-06-30, it was holding 0.0022 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.37 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.0003 of outstanding shares, having a total worth of $0.88 million.

On the other hand, iShares Trust-iShares Micro-Cap ETF and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of May 31, 2025 , the former fund manager was holding 6.0 shares of worth $0.0 or 0.00% of the total outstanding shares. The later fund manager was in possession of 77.0 shares on May 31, 2025 , making its stake of worth around $7.0 in the company or a holder of 0.00% of company’s stock.

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