It depends on the institution and its internal rules. Pension funds usually won't buy a stock lower than %5 or even %10. Hedge funds have no restrictions. Small and micro cap mutual funds or ETF's aren't usually restricted. In the end, it takes very little buying or selling in MCHX to move it up or down a lot.
I believe it has bottomed. IMO, it trades less than its cash plus a very conservative liquidation value of its non core domains. You essentially get the company for free. It has no debt, generates cash, buys back its stock.
But there are a lot of super cheap stocks these days. We are in market where fundamentals don't really matter for micro caps.