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Muln outstanding shares refer to the total number of shares that a company has issued to its shareholders. This number can fluctuate over time due to various corporate actions.
A company's outstanding shares are typically listed on its stock exchange listing document or annual report. For example, if a company has 10 million shares outstanding, that means there are 10 million shares issued to its shareholders.
Shareholders can include individuals, institutions, or other entities that own shares of the company. The number of shareholders can also change over time due to share buybacks, new issuances, or other corporate actions.
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Share Statistics
MULN has 61.60 million shares outstanding, which is a significant increase from the previous quarter's share change of +799.98%.
The company's shares are owned by various entities, with insiders holding 11.57% and institutions holding 10.02% of the total shares.
Here is a breakdown of the shares outstanding:
MULN's float is 48.72 million shares, which is a significant portion of the total shares outstanding.
The company's preferred shares outstanding are $364.2k, which is a relatively small amount compared to the total shares outstanding.
Here is a comparison of MULN's preferred shares outstanding with other companies in the industry:
Mullen Automotive Inc
Mullen Automotive Inc has a relatively small number of preferred shares outstanding, with a value of $364.2k.
Mullen Automotive Inc's preferred shares outstanding have seen a significant growth, with a 3-year compound annual growth rate (CAGR) of 60%.
The company's preferred shares outstanding are significantly lower compared to other companies in the industry, such as General Motors Co, Ford Motor Co, Rivian Automotive Inc, Lucid Group Inc, and Tesla Inc.
Mullen Automotive Inc's preferred shares outstanding can be compared to other companies in the industry, as shown in the table below:
Mullen Shareholders
Advisor Group Holdings, Inc. held 15.0 shares of Mullen stock as of September 30, 2024.
Tower Research Capital Llc and Bnp Paribas Arbitrage, Sa each held 2.0 shares of Mullen stock as of September 30, 2024.
Several other institutions also held shares of Mullen stock as of September 30, 2024, including Bank Of America Corp, Jpmorgan Chase & Co, and Legacy Investment Solutions, Llc, each holding 2.0 shares.
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Here is a list of Mullen stock holders as of September 30, 2024:
Stock Splits
As a shareholder of Mullen, it's essential to understand the concept of stock splits. The last stock split was on September 17, 2024.
Mullen's stock split was a reverse split with a ratio of 0.01:1, which means that for every 100 shares you owned, you now own 10 shares. This type of split is often used to increase the stock price.
Here's a summary of Mullen's stock split:
Understanding the stock split can help you make informed decisions about your investment.
Short Selling Information
As a shareholder of Mullen, it's essential to understand the short selling information. The latest short interest is a significant 3.38 million shares.
This indicates that a substantial portion of the outstanding shares have been sold short, which can impact the stock's price. A total of 5.48% of the outstanding shares have been sold short.
The short interest has actually increased from the previous month, standing at 3.01 million shares. This could be a cause for concern for some investors.
To put this into perspective, the short interest as a percentage of the outstanding shares is 5.48%, while as a percentage of the float (the number of shares available for trading) it's 6.93%. This suggests that a notable portion of the shares available for trading have been sold short.
Here's a breakdown of the short selling information:
The short ratio, also known as the days to cover, is a relatively low 0.61. This means that it would take less than a day to cover the short positions if all the short sellers were to buy back the shares they've sold short.
Mullen Institutional Holders
Mullen Institutional Holders are a group of significant investors in the company.
Advisor Group Holdings, Inc. holds the largest number of shares among institutional holders, with 15.0 shares recorded on 2024-09-30.
Tower Research Capital Llc holds 8.0 shares, also recorded on 2024-09-30.
Ica Group Wealth Management, Llc holds 5.0 shares, but this information is recorded on 2024-06-30, which is slightly earlier than the others.
Bank Of America Corp, Legacy Investment Solutions, Llc, Bnp Paribas Arbitrage, Sa, Federation Des Caisses Desjardins Du Quebec, and Jpmorgan Chase & Co each hold 2.0 shares, all recorded on 2024-09-30.
Carsonallaria Wealth Management, Ltd. holds 1.0 share, also recorded on 2024-09-30.
Virtu Financial Llc and Two Sigma Investments Llc hold 18.7 K and 18.5 K shares, respectively, both recorded on 2024-09-30.
Here's a list of the top institutional holders of Mullen shares:
Mullen Automotive Inc's Preferred Shares
Mullen Automotive Inc's Preferred Shares are a notable aspect of the company's financials. The Preferred Shares Outstanding amount to $364.2k USD.
Mullen Automotive Inc's Preferred Shares Outstanding has seen significant growth over the past three years, with a CAGR of 60%. This growth rate is impressive, but it's essential to note that the company's Preferred Shares Outstanding has decreased by 77% over the last year.
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Mullen Automotive Inc's financial reports show that the company's Preferred Shares Outstanding is significantly lower than its competitors, such as General Motors Co and Ford Motor Co. This could be a strategic move by the company to manage its finances and prioritize its goals.
Here's a comparison of Mullen Automotive Inc's Preferred Shares Outstanding with its competitors:
It's worth noting that Mullen Automotive Inc's Preferred Shares Outstanding is a relatively small amount compared to its market capitalization. This could be a sign of the company's focus on equity and its ability to manage its finances effectively.
Frequently Asked Questions
How many shares were outstanding?
Shares outstanding refer to the total number of shares a company has issued, minus any repurchased shares. This figure represents the number of shares currently available for public trading
Sources
- https://stockanalysis.com/stocks/muln/statistics/
- https://www.alphaspread.com/security/nasdaq/muln/summary
- https://www.macroaxis.com/stock/MULN/Mullen-Automotive
- https://www.alphaspread.com/security/nasdaq/muln/financials/balance-sheet/preferred-shares-outstanding
- https://www.barchart.com/stocks/quotes/MULN/balance-sheet
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