Mullen Automotive Inc’s recent filing unveils that its Director NOVOA IGNACIO unloaded Company’s shares for reported $89326.0 on Jan 24 ’24. In the deal valued at $666.61 per share,134 shares were sold. As a result of this transaction, NOVOA IGNACIO now holds 1 shares worth roughly $0.97.
Then, NOVOA IGNACIO sold 1 shares, generating $469 in total proceeds. Upon selling the shares at $469.00, the Director now owns 0 shares.
Before that, BRAGADO CHESTER A. sold 2,738 shares. Mullen Automotive Inc shares valued at $1,262,399 were divested by the Chief Accounting Officer at a price of $461.07 per share. As a result of the transaction, BRAGADO CHESTER A. now holds 0 shares, worth roughly $0.0.
Price Performance Review of MULN
On Friday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock fall -3.72% to $0.97. Over the last five days, the stock has lost -8.26%. Mullen Automotive Inc shares have fallen nearly -18.97% since the year began. Nevertheless, the stocks have fallen -99.92% over the past one year. While a 52-week high of $1495.00 was reached on 01/02/25, a 52-week low of $0.89 was recorded on 01/03/25. SMA at 50 days reached $2.0422, while 200 days put it at $167.2524.
Levels Of Support And Resistance For MULN Stock
The 24-hour chart illustrates a support level at 0.9226, which if violated will result in even more drops to 0.8728. On the upside, there is a resistance level at 1.0111. A further resistance level may holdings at 1.0498. The Relative Strength Index (RSI) on the 14-day chart is 30.00, which indicates 30.00 technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1087, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.51%. Stochastics %K at 16.92% 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 2024-12-13, growing by 0.93 million shares to a total of 2.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.42 million shares. There was a rise of 39.53%, which implies that there is a positive sentiment for the stock.
