MDJM (NASDAQ:MDJH) Trading Down 1.9% – Here’s Why

MDJM Ltd (NASDAQ:MDJH)’s share price traded down 1.9% during trading on Monday . The company traded as low as $0.15 and last traded at $0.19. 1,913,288 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 1,427,714 shares. The stock had previously closed at $0.19.

MDJM Trading Down 1.9 %

The firm’s 50 day simple moving average is $0.25 and its two-hundred day simple moving average is $0.75.

Institutional Investors Weigh In On MDJM

An institutional investor recently bought a new position in MDJM stock. Anson Funds Management LP bought a new stake in MDJM Ltd (NASDAQ:MDJH) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 305,556 shares of the company’s stock, valued at approximately $214,000. Anson Funds Management LP owned 1.96% of MDJM as of its most recent SEC filing.

MDJM Company Profile

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.