Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) shot up 1.9% during trading on Friday . The company traded as high as $2.84 and last traded at $2.73. 373,139 shares were traded during trading, a decline of 60% from the average session volume of 933,711 shares. The stock had previously closed at $2.68.
Mullen Automotive Trading Up 0.4 %
The company has a fifty day moving average of $2.81 and a 200 day moving average of $126.95.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Mullen Automotive stock. Virtu Financial LLC acquired a new stake in shares of Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 41,065 shares of the company’s stock, valued at approximately $214,000. Virtu Financial LLC owned approximately 0.63% 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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