MDJM (NASDAQ:MDJH) Trading Down 3.2% – Here’s What Happened

MDJM Ltd (NASDAQ:MDJH) shares dropped 3.2% on Tuesday . The company traded as low as $0.17 and last traded at $0.18. Approximately 789,462 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 1,427,714 shares. The stock had previously closed at $0.18.

MDJM Stock Down 3.2 %

The company’s fifty day moving average price is $0.20 and its two-hundred day moving average price is $0.64.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in MDJM stock. Anson Funds Management LP purchased a new position in shares of MDJM Ltd (NASDAQ:MDJH) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 305,556 shares of the company’s stock, valued at approximately $214,000. Anson Funds Management LP owned approximately 1.96% of MDJM at the end of the most recent reporting period.

About MDJM

MDJM Ltd, through its subsidiaries and variable interest entity, operates as an integrated real estate services company in the People's Republic of China. It offers real estate agency services to real estate developers; and real estate consulting services, such as consulting, marketing strategy planning and strategy, and advertising services and sales strategies.