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Investing in Mullen Automotive Inc (MULN): What You Must Know

In a filing, Mullen Automotive Inc revealed its 10% Owner HRT FINANCIAL LP acquired Company’s shares for reported $43736.0 on Apr 03 ’25. In the deal valued at $0.08 per share,546,706 shares were bought. As a result of this transaction, HRT FINANCIAL LP now holds 665,392 shares worth roughly $1.45 million.

Then, HRT FINANCIAL LP sold 2,012,436 shares, generating $160,995 in total proceeds. Upon selling the shares at $0.08, the 10% Owner now owns 1,347,044 shares.

Before that, WINTER MARY sold 62,000 shares. Mullen Automotive Inc shares valued at $124,620 were divested by the Director at a price of $2.01 per share. As a result of the transaction, WINTER MARY now holds 0 shares, worth roughly $0.0.

Price Performance Review of MULN

On Friday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock fall -39.44% to $2.18. Over the last five days, the stock has lost -71.87%. Mullen Automotive Inc shares have fallen nearly -99.97% since the year began. Nevertheless, the stocks have fallen -100.00% over the past one year. While a 52-week high of $4710000.00 was reached on 01/02/25, a 52-week low of $3.50 was recorded on 04/11/25. SMA at 50 days reached $449.98, while 200 days put it at $181,765.61.

Levels Of Support And Resistance For MULN Stock

The 24-hour chart illustrates a support level at 1.84, which if violated will result in even more drops to 1.50. On the upside, there is a resistance level at 2.70. A further resistance level may holdings at 3.22. The Relative Strength Index (RSI) on the 14-day chart is 20.84, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.77%. Stochastics %K at 0.32% 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 2025-03-31, growing by 38408.0 shares to a total of 49505.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 11097.0 shares. There was a rise of 77.58%, which implies that there is a positive sentiment for the stock.

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