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

MDJM Ltd. (NASDAQ:UOKA) saw a large growth in short interest during 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. Approximately 614.5% of the shares of the company are short sold. Based on an average daily volume of 14,958,983 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 14,958,983 shares, the short-interest ratio is currently 0.1 days. Approximately 614.5% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

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

MDJM Price Performance

Shares of UOKA opened at $0.19 on Thursday. MDJM has a 1 year low of $0.15 and a 1 year high of $6.14. The stock has a 50 day simple moving average of $1.56 and a 200-day simple moving average of $2.40.

Institutional Inflows and Outflows

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 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 approximately 1.15% of MDJM as of its most recent filing with the SEC.

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.