Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) fell 6.2% during trading on Monday . The stock traded as low as $0.25 and last traded at $0.27. 5,161,171 shares were traded during mid-day trading, a decline of 68% from the average session volume of 15,960,103 shares. The stock had previously closed at $0.29.
Mullen Automotive Trading Down 3.7 %
The stock has a fifty day moving average price of $1.11 and a two-hundred day moving average price of $17.19.
Institutional Trading of Mullen Automotive
A hedge fund recently bought a new stake in Mullen Automotive stock. Virtu Financial LLC bought a new stake in Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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 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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