Two Sigma Investments Discloses New Stake in Mullen Automotive

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

About Two Sigma Investments, LP

Run by John Overdeck and David Siegel, Two Sigma Investments is a New York City-based hedge fund that uses a variety of technological methods, including artificial intelligence, machine learning, and distributed computing, for its trading strategies.

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.

Two Sigma Investments Buys Stock in MULN

According to the most recent 13F filed by Two Sigma Investments, LP, the firm added 1,345,829 shares of MULN stock to it holdings in the recent quarter. That brings their total long position in Mullen Automotive, Inc. to 1,345,829 shares, representing approximately 0.2349% of the 572,894,028 MULN shares outstanding. Based on the most recent closing price of $0.31 per share of MULN, the entire Two Sigma Investments position in Mullen Automotive is worth roughly $415,726.58.

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 Two Sigma Investments, LP. Also be sure to check out more recent 13F filing analysis news here.