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

MDJM Ltd. (NASDAQ:UOKA) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 817,238 shares, an increase of 1,225.4% from the January 29th total of 61,659 shares. Approximately 614.5% of the shares of the company are sold short. Based on an average daily volume of 14,958,983 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 14,958,983 shares, the short-interest ratio is presently 0.1 days. Approximately 614.5% of the shares of the company are sold short.

MDJM Stock Performance

NASDAQ UOKA traded up $0.04 on Wednesday, hitting $0.19. 145,424,284 shares of the company’s stock were exchanged, compared to its average volume of 8,781,401. The firm’s 50-day moving average price is $1.61 and its two-hundred day moving average price is $2.42. MDJM has a fifty-two week low of $0.15 and a fifty-two week high of $6.14.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MDJM in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On MDJM

An institutional investor recently bought a new position in MDJM stock. Marex Group plc bought a new stake in MDJM Ltd. (NASDAQ:UOKA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,331 shares of the company’s stock, valued at approximately $31,000. Marex Group plc owned about 1.15% of MDJM as of its most recent filing with the Securities & Exchange Commission.

About MDJM

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.