Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report)’s stock price was down 9.2% during trading on Tuesday . The stock traded as low as $0.42 and last traded at $0.46. Approximately 3,800,085 shares traded hands during trading, a decline of 71% from the average daily volume of 13,279,410 shares. The stock had previously closed at $0.51.
Mullen Automotive Trading Up 5.8 %
The business’s fifty day moving average price is $1.75 and its two-hundred day moving average price is $39.00.
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) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 18,728 shares of the company’s stock, valued at approximately $59,000. Virtu Financial LLC owned about 0.34% of Mullen Automotive as of its most recent SEC filing. 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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