MDJM (NASDAQ:MDJH) Trading Up 6.1% – Here’s What Happened

MDJM Ltd (NASDAQ:MDJH) shares were up 6.1% during mid-day trading on Wednesday . The company traded as high as $0.18 and last traded at $0.18. Approximately 2,319,464 shares changed hands during trading, an increase of 22% from the average daily volume of 1,899,757 shares. The stock had previously closed at $0.17.

MDJM Trading Up 6.1 %

The firm’s fifty day simple moving average is $0.17 and its 200-day simple moving average is $0.31.

Institutional Investors Weigh In On MDJM

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) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 quarter.

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.