Mullen Automotive Inc’s filing revealed that its President – Mullen Automotive POPA CALIN unloaded Company’s shares for reported $71991.0 on Jun 06 ’24. In the deal valued at $3.10 per share,23,223 shares were sold. As a result of this transaction, POPA CALIN now holds 286,506 shares worth roughly $2.99 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, POPA CALIN sold 1,722 shares, generating $5,321 in total proceeds. Upon selling the shares at $3.09, the President – Mullen Automotive now owns 284,784 shares.
Price Performance Review of MULN
On Tuesday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock fall -11.74% to $10.45. Over the last five days, the stock has lost -25.94%. Mullen Automotive Inc shares have fallen nearly -99.27% since the year began. Nevertheless, the stocks have fallen -99.85% over the past one year. While a 52-week high of $7500.00 was reached on 01/09/24, a 52-week low of $10.80 was recorded on 09/17/24. SMA at 50 days reached $78.7700, while 200 days put it at $528.5400.
Levels Of Support And Resistance For MULN Stock
The 24-hour chart illustrates a support level at 8.7300, which if violated will result in even more drops to 7.0000. On the upside, there is a resistance level at 13.0000. A further resistance level may holdings at 15.5400. The Relative Strength Index (RSI) on the 14-day chart is 20.91, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.5200, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.83%. Stochastics %K at 3.22% indicates the stock is a buying.
How much short interest is there in Mullen Automotive Inc?
A steep rise in short interest was recorded in Mullen Automotive Inc stocks on 2024-08-30, growing by 62352.0 shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 45281.0 shares. There was a rise of 57.93%, which implies that there is a positive sentiment for the stock.
