Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) shares were up 1.2% during mid-day trading on Wednesday . The stock traded as high as $0.49 and last traded at $0.46. Approximately 2,409,925 shares traded hands during trading, a decline of 81% from the average daily volume of 12,419,179 shares. The stock had previously closed at $0.46.
Mullen Automotive Stock Down 0.7 %
The company’s 50 day moving average price is $1.73 and its 200 day moving average price is $38.73.
Institutional Trading of Mullen Automotive
A hedge fund recently bought a new stake in Mullen Automotive stock. Virtu Financial LLC bought a new position in shares of Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 18,728 shares of the company’s stock, valued at approximately $59,000. Virtu Financial LLC owned approximately 0.34% of Mullen Automotive at the end of the most recent reporting period. 11.71% of the stock is currently owned by hedge funds and other institutional investors.
Mullen Automotive Company Profile
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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