MDJM Ltd. (NASDAQ:UOKA) Short Interest Update

MDJM Ltd. (NASDAQ:UOKA) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,252,107 shares, a growth of 53.2% from the February 12th total of 817,238 shares. Currently, 941.4% of the company’s stock are short sold. Based on an average daily trading volume, of 26,656,828 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 26,656,828 shares, the days-to-cover ratio is presently 0.0 days. Currently, 941.4% of the company’s stock are short sold.

MDJM Trading Down 17.2%

Shares of NASDAQ:UOKA traded down $0.01 on Friday, hitting $0.06. 15,576,077 shares of the company’s stock were exchanged, compared to its average volume of 20,575,332. MDJM has a 1-year low of $0.05 and a 1-year high of $6.08. The firm’s 50-day moving average is $1.09 and its 200 day moving average is $2.20.

MDJM shares are scheduled to reverse split on Monday, March 16th. The 1-35 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, March 15th.

Hedge Funds Weigh In On MDJM

A hedge fund recently bought a new stake in MDJM stock. Marex Group plc acquired a new position in shares of MDJM Ltd. (NASDAQ:UOKA) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 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 SEC.

Wall Street Analyst Weigh In

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

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.