E-Home Household Service (NASDAQ:EJH) Stock Price Down 4.5% – Here’s What Happened

E-Home Household Service Holdings Limited (NASDAQ:EJH) shares dropped 4.5% during mid-day trading on Tuesday . The company traded as low as $0.75 and last traded at $0.77. Approximately 208,164 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 550,060 shares. The stock had previously closed at $0.81.

E-Home Household Service Stock Performance

The stock’s 50-day simple moving average is $0.82 and its 200 day simple moving average is $0.79.

Hedge Funds Weigh In On E-Home Household Service

An institutional investor recently bought a new position in E-Home Household Service stock. Virtu Financial LLC acquired a new position in E-Home Household Service Holdings Limited (NASDAQ:EJH) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 45,053 shares of the company’s stock, valued at approximately $46,000. Virtu Financial LLC owned about 83.43% of E-Home Household Service as of its most recent SEC filing. Hedge funds and other institutional investors own 37.31% of the company’s stock.

About E-Home Household Service

E-Home Household Service Holdings Limited, together with its subsidiaries, engages in the operation of household services in the People's Republic of China. The company operates through five segments: Installation and Maintenance, Housekeeping Services, Senior Care Services, Sales of Pharmaceutical Products, and Educational Consulting Services.