The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Mullen Automotive Inc shares valued at $124,261 were sold by PUCKETT KENT on Jun 10 ’25. At $5.92 per share, PUCKETT KENT sold 21,000 shares. The insider’s holdings dropped to 1 shares worth approximately $0.9 following the completion of this transaction.
Also, HRT FINANCIAL LP purchased 546,706 shares, netting a total of over 43,736 in proceeds. Following the buying of shares at $0.08 each, the insider now holds 665,392 shares.
Before that, HRT FINANCIAL LP had sold 2,012,436 shares from its account. In a trade valued at $160,995, the 10% Owner traded Mullen Automotive Inc shares for $0.08 each. Upon closing the transaction, the insider’s holdings decreased to 2,012,436 shares, worth approximately $1.21 million.
Analyzing MULN Stock Performance
On last trading session,, Mullen Automotive Inc [NASDAQ: MULN] plunged -10.89% to $0.9. The stock’s lowest price that day was $0.8552, but it reached a high of $1.21 in the same session. During the last five days, there has been a drop of approximately -45.45%. Over the course of the year, Mullen Automotive Inc shares have dropped approximately -100.00%. Shares of the company reached a 52-week high of $780,000.0000 on 01/02/25 and a 52-week low of $0.8552 on 06/25/25.
Support And Resistance Levels for Mullen Automotive Inc (MULN)
According to the 24-hour chart, there is a support level at 0.7668, which, if violated, would cause prices to drop to 0.6336. In the upper region, resistance lies at 1.1216. The next price resistance is at 1.3432. RSI (Relative Strength Index) is 18.54 on the 14-day chart, showing oversold technical sentiment.
Is Mullen Automotive Inc subject to short interest?
Stocks of Mullen Automotive Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.12 million shares to 0.15 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 26262.0 shares. A jump of 82.42% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.29 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.29.
