Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report)’s share price was up 2.3% on Thursday . The stock traded as high as $2.79 and last traded at $2.68. Approximately 668,701 shares changed hands during trading, a decline of 29% from the average daily volume of 936,191 shares. The stock had previously closed at $2.62.
Mullen Automotive Price Performance
The business has a 50-day moving average price of $2.91 and a 200-day moving average price of $127.82.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Mullen Automotive stock. Virtu Financial LLC purchased a new position in shares of Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 18,728 shares of the company’s stock, valued at approximately $59,000. Virtu Financial LLC owned 0.34% of Mullen Automotive at the end of the most recent quarter. Hedge funds and other institutional investors own 11.71% of the company’s stock.
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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