London-Based Qube Research Discloses New Stake in MULN Stock

According to a recent Form 13F filing submitted to the SEC, Qube Research & Technologies Ltd. disclosed a noteworthy and bullish investment in MULN stock. Here’s what you need to know about Mullen Automotive, Inc., as well as Qube Research & Technologies and their long position in shares of MULN stock:

About Qube Research & Technologies Ltd.

London, U.K.-based Qube Research & Technologies is a global quantitative and systematic investment manager, operating in all liquid asset classes across the world.

About Mullen Automotive, Inc. (MULN)

Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California.

Qube Research & Technologies Buys Stock in MULN

According to the most recent 13F filed by Qube Research & Technologies, the firm added 5,035,668 shares of MULN stock to it holdings in the recent quarter. That brings their total long position in Mullen Automotive, Inc. to 5,035,668 shares, representing approximately 0.8790% of the 572,894,028 MULN shares outstanding. Based on the most recent closing price of $0.31 per share of MULN, the entire Qube Research & Technologies position in Mullen Automotive, Inc. is worth roughly $1,555,517.85.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Qube Research & Technologies Ltd. Also be sure to check out more recent 13F filing analysis news here.