Let’s Jump Into The Mullen Automotive Inc (NASDAQ: MULN) Stock Forecast

In the last trading session, 73.09 million Mullen Automotive Inc (NASDAQ:MULN) shares changed hands as the company’s beta touched 1.65. With the company’s per share price at $0.08 changed hands at -$0.01 or -13.31% during last session, the market valuation stood at $0.82M. MULN’s last price was a discount, traded about -117749999900.0% off its 52-week high of $94200000.00. The share price had its 52-week low at $0.09, which suggests the last value was -12.5% down since then. When we look at Mullen Automotive Inc’s average trading volume, we note the 10-day average is 106.83 million shares, with the 3-month average coming to 21.23 million.

Mullen Automotive Inc (NASDAQ:MULN) trade information

Instantly MULN was in red as seen at the end of in last trading. With action -34.10%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -100.00%, with the 5-day performance at -34.10% in the red. However, in the 30-day time frame, Mullen Automotive Inc (NASDAQ:MULN) is -94.13% down. Looking at the short shares, we see there were 0.82 million shares sold at short interest cover period of 0.25 days.

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

If we look at who the major shareholders are, we find that insiders hold 5.98% of Mullen Automotive Inc shares while 3.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.74%. There are 3.52% institutions holding the Mullen Automotive Inc stock share, with SUSQUEHANNA INTERNATIONAL GROUP, LLP the top institutional holder. As of 2024-06-30, the company held 0.0022% of the shares, roughly 2.67 million MULN shares worth $6.4 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 0.0003% or 0.37 million shares worth $0.88 million as of 2024-06-30.

Among Mutual Funds, the top two as of May 31, 2025 were iShares Trust-iShares Micro-Cap ETF and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund. With 6.0 shares estimated at $0.0 under it, the former controlled 0.00% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held about 0.00% of the shares, roughly 77.0 shares worth around $5.0.

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