Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) traded down 7% during mid-day trading on Friday . The company traded as low as $3.04 and last traded at $3.21. 1,951,333 shares traded hands during trading, an increase of 120% from the average session volume of 885,768 shares. The stock had previously closed at $3.45.
Mullen Automotive Stock Down 26.4 %
The company’s 50 day simple moving average is $4.64 and its 200 day simple moving average is $158.99.
Institutional Trading of Mullen Automotive
An institutional investor recently bought a new position in Mullen Automotive stock. Virtu Financial LLC bought a new stake in Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 41,065 shares of the company’s stock, valued at approximately $214,000. Virtu Financial LLC owned 0.63% of Mullen Automotive at the end of the most recent quarter. 11.71% of the stock is currently owned by hedge funds and other 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.
Featured Articles
- Five stocks we like better than Mullen Automotive
- Ride Out The Recession With These Dividend Kings
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- Best Stocks Under $10.00
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Short Selling: How to Short a Stock
- Time to Load Up on Home Builders?
Receive News & Ratings for Mullen Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mullen Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
