Mary Winter Sells 556 Shares of Mullen Automotive, Inc. (NASDAQ:MULN) Stock

Mullen Automotive, Inc. (NASDAQ:MULN) Director Mary Winter sold 556 shares of Mullen Automotive stock in a transaction on Friday, October 20th. The shares were sold at an average price of $33.90, for a total transaction of $18,848.40. Following the completion of the sale, the director now directly owns 1 shares of the company’s stock, valued at approximately $33.90. The trade was a 99.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Mullen Automotive Stock Down 19.6 %

Shares of NASDAQ MULN opened at $0.67 on Thursday. Mullen Automotive, Inc. has a fifty-two week low of $0.65 and a fifty-two week high of $1,495.00. The firm’s 50-day simple moving average is $1.89 and its 200 day simple moving average is $47.85.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mullen Automotive stock. Virtu Financial LLC purchased a new position in shares of Mullen Automotive, Inc. (NASDAQ:MULN) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 18,728 shares of the company’s stock, valued at approximately $59,000. Virtu Financial LLC owned 0.34% of Mullen Automotive at the end of the most recent quarter. Hedge funds and other institutional investors own 11.71% of the company’s stock.

About Mullen Automotive

Mullen Automotive, Inc, an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.