MDJM Ltd. (NASDAQ:UOKA) Sees Significant Growth in Short Interest

MDJM Ltd. (NASDAQ:UOKA) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 817,238 shares, a growth of 1,225.4% from the January 29th total of 61,659 shares. Based on an average trading volume of 14,958,983 shares, the days-to-cover ratio is currently 0.1 days. Currently, 614.5% of the company’s stock are sold short. Currently, 614.5% of the company’s stock are sold short. Based on an average trading volume of 14,958,983 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On MDJM

A hedge fund recently bought a new stake in MDJM stock. Marex Group plc bought a new position in shares of MDJM Ltd. (NASDAQ:UOKA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,331 shares of the company’s stock, valued at approximately $31,000. Marex Group plc owned about 1.15% of MDJM at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of MDJM in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

MDJM Price Performance

UOKA traded up $0.04 on Wednesday, reaching $0.19. The company had a trading volume of 145,424,284 shares, compared to its average volume of 8,781,401. MDJM has a 1 year low of $0.15 and a 1 year high of $6.14. The stock has a 50-day moving average price of $1.61 and a 200-day moving average price of $2.42.

MDJM Company Profile

Mdjm Ltd. is a holding company engages in providing real estate agency services. Its services include real estate consulting services,and independent training. The company was founded on January 26, 2018 and is headquartered in Cupar, the United Kingdom.