Short Interest in MDJM Ltd. (NASDAQ:UOKA) Increases By 165.3%

MDJM Ltd. (NASDAQ:UOKA) saw a significant growth in short interest in 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 trading volume of 183,881 shares, the days-to-cover ratio is presently 0.3 days. Currently, 46.4% of the shares of the stock are sold short. Currently, 46.4% of the shares of the stock are sold short. Based on an average trading volume of 183,881 shares, the days-to-cover ratio is presently 0.3 days.

MDJM Trading Down 27.0%

Shares of MDJM stock opened at $0.47 on Thursday. The business’s 50-day moving average price is $2.07 and its 200-day moving average price is $2.56. MDJM has a 12 month low of $0.45 and a 12 month high of $6.14.

Analyst Ratings Changes

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

Institutional Investors Weigh In On MDJM

An institutional investor recently bought a new position in MDJM stock. Marex Group plc acquired a new stake in MDJM Ltd. (NASDAQ:UOKA) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 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.

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.