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

MDJM Ltd. (NASDAQ:UOKA) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 61,659 shares, a growth of 165.3% from the January 15th total of 23,241 shares. Based on an average daily volume of 183,881 shares, the short-interest ratio is presently 0.3 days. Approximately 46.4% of the shares of the stock are sold short. Approximately 46.4% of the shares of the stock are sold short. Based on an average daily volume of 183,881 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On MDJM

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

MDJM Trading Down 15.3%

UOKA stock opened at $0.40 on Friday. MDJM has a 1 year low of $0.40 and a 1 year high of $6.14. The stock has a 50-day simple moving average of $2.03 and a 200-day simple moving average of $2.55.

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.