MDJM (NASDAQ:MDJH) Trading Down 11.4% – Should You Sell?

MDJM Ltd (NASDAQ:MDJH) traded down 11.4% during mid-day trading on Tuesday . The stock traded as low as $0.16 and last traded at $0.17. 3,181,569 shares traded hands during trading, an increase of 123% from the average session volume of 1,427,714 shares. The stock had previously closed at $0.19.

MDJM Trading Down 11.4 %

The stock’s fifty day simple moving average is $0.19 and its 200 day simple moving average is $0.53.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MDJM stock. Anson Funds Management LP bought a new position in MDJM Ltd (NASDAQ:MDJH) during the 3rd quarter, according to the company in its most recent Form 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 approximately 1.96% of MDJM as of its most recent filing with the Securities & Exchange Commission.

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.