Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report)’s share price was down 6.2% during trading on Tuesday . The stock traded as low as $0.85 and last traded at $0.90. Approximately 3,640,841 shares were traded during trading, a decline of 60% from the average daily volume of 9,164,441 shares. The stock had previously closed at $0.95.
Mullen Automotive Price Performance
The company has a 50 day moving average of $1.89 and a 200 day moving average of $47.85.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Mullen Automotive stock. Virtu Financial LLC acquired a new stake in Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 18,728 shares of the company’s stock, valued at approximately $59,000. Virtu Financial LLC owned about 0.34% of Mullen Automotive as of its most recent filing with the SEC. 11.71% of the stock is currently owned by institutional investors.
About Mullen Automotive
Mullen Automotive, Inc, an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.
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