Over the past twenty days of trading, Mullen Automotive Inc. (NASDAQ: MULN), from October 20, 2022 to November 16, 2022 there is a potential Short Squeeze about to happen because of an increase in short volume over the past twenty days with very little cover volume.
Because of this the Squeeze Report trend indicator issued a MULN Short Squeeze.
Mullen Automotive Inc. (NASDAQ: MULN) Short Squeeze Analysis
During the last five days of trading, from November 10, 2022 to November 16, 2022 MULN had a staggering 156,473,204 shares shorted while trading a total of 900,685,330 shares as show the on MULN short page.
The last ten days of trading, from November 03, 2022 to November 16, 2022 MULN had a staggering 327,616,995 shares shorted while trading a total of 2,044,338,340 shares as show the on MULN short page.
Over the last twenty days of trading, from October 20, 2022 to November 16, 2022 MULN had a staggering 892,409,383 shares shorted while trading a total of 4,902,071,326 shares as show the on MULN short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 1 short days, 6 days with no change but 3 cover days. The last twenty trading days there were 5 short day, 11 days with no change but 4 cover days.
Mullen Automotive Inc. (NASDAQ: MULN) Short Squeeze Result
The short indicator utilizes several factors before determining a result and because of these indications we have placed a short trend indicator of MULN Short Squeeze.
Mullen Automotive Inc. (NASDAQ: MULN) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 892,409,383 |
| Total Actual Volume | 4,902,071,326 |
| Total Volume Discrepancy | 2,966,215,519 |
Short Trends
| Cover Days | 4 |
| Short Days | 5 |
| No Change Days | 11 |
Averages
| Average Volume Discrepancy | 148,310,775 |
| Average Short Volume | 44,620,469 |
| Average Short Percentage | 44% |
The Short Trend Indicator
Squeeze Reports short trend indicator utilizes several different trading factors including, short data, trade data, short analysis and short probability. So become a member of Squeeze Report if you want to to gain access or know more about the short trend indicator and other short trading tools.
Mullen Automotive Inc. (NASDAQ: MULN) Chart
Disclaimer
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