Mullen Automotive Inc’s recent filing unveils that its Director WINTER MARY unloaded Company’s shares for reported $0.12 million on Mar 05 ’25. In the deal valued at $2.01 per share,62,000 shares were sold. As a result of this transaction, WINTER MARY now holds 0 shares worth roughly $0.0.
Then, WINTER MARY sold 2,716 shares, generating $10,131 in total proceeds. Upon selling the shares at $3.73, the Director now owns 0 shares.
Before that, ANDERSEN JOHN KEVIN sold 174,500 shares. Mullen Automotive Inc shares valued at $158,795 were divested by the Director at a price of $0.91 per share. As a result of the transaction, ANDERSEN JOHN KEVIN now holds 9 shares, worth roughly $1.08.
Price Performance Review of MULN
On Friday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock fall -28.12% to $0.12. Over the last five days, the stock has lost -60.21%. Mullen Automotive Inc shares have fallen nearly -99.84% since the year began. Nevertheless, the stocks have fallen -100.00% over the past one year. While a 52-week high of $47100.00 was reached on 01/02/25, a 52-week low of $0.15 was recorded on 03/28/25. SMA at 50 days reached $9.0692, while 200 days put it at $2,621.6528.
Levels Of Support And Resistance For MULN Stock
The 24-hour chart illustrates a support level at 0.0960, which if violated will result in even more drops to 0.0770. On the upside, there is a resistance level at 0.1480. A further resistance level may holdings at 0.1810. The Relative Strength Index (RSI) on the 14-day chart is 21.22, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.3259, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.60%. Stochastics %K at 0.65% 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 2025-03-14, growing by 1.42 million shares to a total of 1.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.17 million shares. There was a rise of 89.46%, which implies that there is a positive sentiment for the stock.
