Over the past twenty days of trading, Mullen Automotive Inc. (NASDAQ: MULN), from May 15, 2023 to June 12, 2023 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 June 06, 2023 to June 12, 2023 MULN had a staggering 83,066,562 shares shorted while trading a total of 327,597,899 shares as show the on MULN short page.
The last ten days of trading, from May 30, 2023 to June 12, 2023 MULN had a staggering 134,045,121 shares shorted while trading a total of 520,059,476 shares as show the on MULN short page.
Over the last twenty days of trading, from May 15, 2023 to June 12, 2023 MULN had a staggering 238,487,834 shares shorted while trading a total of 974,915,406 shares as show the on MULN short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 10 short days, 0 days with no change but 0 cover days. The last twenty trading days there were 16 short day, 4 days with no change but 0 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 | 238,487,834 |
| Total Actual Volume | 974,915,406 |
| Total Volume Discrepancy | 527,885,164 |
Short Trends
| Cover Days | 0 |
| Short Days | 16 |
| No Change Days | 4 |
Averages
| Average Volume Discrepancy | 26,394,258 |
| Average Short Volume | 11,924,391 |
| Average Short Percentage | 53% |
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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