Short Interest in MDJM Ltd. (NASDAQ:UOKA) Rises By 481.4%

MDJM Ltd. (NASDAQ:UOKA) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 26,321 shares, an increase of 481.4% from the December 15th total of 4,527 shares. Approximately 19.8% of the shares of the company are short sold. Based on an average daily trading volume, of 200,432 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 200,432 shares, the days-to-cover ratio is currently 0.1 days. Approximately 19.8% of the shares of the company are short sold.

MDJM Price Performance

MDJM stock traded down $0.04 during trading on Monday, reaching $2.09. The company had a trading volume of 11,522 shares, compared to its average volume of 12,903. The firm’s 50-day simple moving average is $2.56 and its 200 day simple moving average is $2.73. MDJM has a 1-year low of $1.86 and a 1-year high of $11.21.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MDJM in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, MDJM presently has an average rating of “Sell”.

Hedge Funds Weigh In On MDJM

A hedge fund recently bought a new stake in MDJM stock. Marex Group plc purchased a new position in shares of MDJM Ltd. (NASDAQ:UOKA) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 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 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.