Mullen Automotive Inc’s recent filing unveils that its Director NOVOA IGNACIO unloaded Company’s shares for reported $469.0 on Mar 21 ’24. In the deal valued at $469.00 per share,1 shares were sold. As a result of this transaction, NOVOA IGNACIO now holds 0 shares worth roughly $0.0.
Then, BRAGADO CHESTER A. sold 2,738 shares, generating $1,262,399 in total proceeds. Upon selling the shares at $461.07, the Chief Accounting Officer now owns 0 shares.
Before that, POPA CALIN sold 23,223 shares. Mullen Automotive Inc shares valued at $71,991 were divested by the President – Mullen Automotive at a price of $3.10 per share. As a result of the transaction, POPA CALIN now holds 286,506 shares, worth roughly $77356.62000000001.
Price Performance Review of MULN
On Tuesday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock jump 3.05% to $0.27. Over the last five days, the stock has lost -7.53%. Mullen Automotive Inc shares have fallen nearly -77.50% since the year began. Nevertheless, the stocks have fallen -99.96% over the past one year. While a 52-week high of $987.00 was reached on 01/02/25, a 52-week low of $0.25 was recorded on 01/30/25. SMA at 50 days reached $1.2776, while 200 days put it at $125.7121.
Levels Of Support And Resistance For MULN Stock
The 24-hour chart illustrates a support level at 0.2556, which if violated will result in even more drops to 0.2411. On the upside, there is a resistance level at 0.2839. A further resistance level may holdings at 0.2977. The Relative Strength Index (RSI) on the 14-day chart is 24.29, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0912, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.72%. Stochastics %K at 7.55% 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 2024-12-31, growing by 1.37 million shares to a total of 3.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.63 million shares. There was a rise of 45.73%, which implies that there is a positive sentiment for the stock.
