Mullen Automotive Inc’s recently made public that its Chief Accounting Officer BRAGADO CHESTER A. unloaded Company’s shares for reported $1.26 million on May 20 ’24. In the deal valued at $461.07 per share,2,738 shares were sold. As a result of this transaction, BRAGADO CHESTER A. now holds 0 shares worth roughly $0.0.
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Then, POPA CALIN sold 23,223 shares, generating $71,991 in total proceeds. Upon selling the shares at $3.10, the President – Mullen Automotive now owns 286,506 shares.
Before that, POPA CALIN sold 1,722 shares. Mullen Automotive Inc shares valued at $5,321 were divested by the President – Mullen Automotive at a price of $3.09 per share. As a result of the transaction, POPA CALIN now holds 284,784 shares, worth roughly $0.34 million.
Price Performance Review of MULN
On Friday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock unchanged to $1.19. Over the last five days, the stock has lost -24.68%. Mullen Automotive Inc shares have fallen nearly -99.92% since the year began. Nevertheless, the stocks have fallen -99.85% over the past one year. While a 52-week high of $1870.00 was reached on 01/09/24, a 52-week low of $1.17 was recorded on 12/20/24. SMA at 50 days reached $2.2742, while 200 days put it at $190.9751.
Levels Of Support And Resistance For MULN Stock
The 24-hour chart illustrates a support level at 1.1300, which if violated will result in even more drops to 1.0700. On the upside, there is a resistance level at 1.2600. A further resistance level may holdings at 1.3300. The Relative Strength Index (RSI) on the 14-day chart is 27.80, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.5002, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.45%. Stochastics %K at 3.85% 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 2024-11-29, growing by 0.54 million shares to a total of 1.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.09 million shares. There was a rise of 33.18%, which implies that there is a positive sentiment for the stock.
