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

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

MDJM Stock Performance

The company’s 50 day moving average price is $0.17 and its 200 day moving average price is $0.30.

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 MDJM Ltd (NASDAQ:MDJHFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 305,556 shares of the company’s stock, valued at approximately $214,000. Anson Funds Management LP owned about 1.96% of MDJM at the end of the most recent reporting period.

MDJM Company Profile

(Get Free Report)

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.

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