Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) shares traded up 6.8% during mid-day trading on Monday . The company traded as high as $3.19 and last traded at $3.13. 509,041 shares were traded during mid-day trading, a decline of 45% from the average session volume of 926,462 shares. The stock had previously closed at $2.93.
Mullen Automotive Stock Performance
The company’s 50-day moving average is $3.02 and its 200-day moving average is $128.70.
Institutional Investors Weigh In On Mullen Automotive
An institutional investor recently bought a new position in Mullen Automotive stock. Virtu Financial LLC acquired a new position in shares of Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the third quarter, according to its most recent Form 13F 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 at the end of the most recent quarter. Institutional investors own 11.71% of the company’s stock.
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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