Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report)’s share price was up 10.6% during trading on Friday . The stock traded as high as $0.29 and last traded at $0.29. Approximately 3,030,013 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 12,813,764 shares. The stock had previously closed at $0.26.
Mullen Automotive Stock Up 11.0 %
The firm has a fifty day simple moving average of $1.27 and a 200 day simple moving average of $22.94.
Hedge Funds Weigh In On Mullen Automotive
A hedge fund recently bought a new stake in Mullen Automotive stock. Virtu Financial LLC purchased a new stake in Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the 3rd quarter, according to the company in its most recent disclosure 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 approximately 0.34% of Mullen Automotive as of its most recent SEC filing. Institutional investors and hedge funds 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.
Recommended Stories
- Five stocks we like better than Mullen Automotive
- Growth Stocks: What They Are, Examples and How to Invest
- Nebius Group: Market Overreaction or Real AI Disruption?
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- The Best Way to Invest in Gold Is…
- 3 Stocks to Consider Buying in October
- Why Nike Stock Could Be 2025’s Top Comeback Play
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.
