Plutus Financial Group Limited (NASDAQ:PLUT) Short Interest Down 21.3% in December

Plutus Financial Group Limited (NASDAQ:PLUT) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 1,573 shares, a decline of 21.3% from the November 30th total of 1,999 shares. Based on an average daily trading volume, of 6,441 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,441 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Plutus Financial Group in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Plutus Financial Group Price Performance

NASDAQ:PLUT traded up $0.01 during mid-day trading on Wednesday, reaching $3.32. 13,250 shares of the stock were exchanged, compared to its average volume of 52,912. The business has a fifty day moving average price of $3.47 and a 200 day moving average price of $3.18. Plutus Financial Group has a 1-year low of $2.04 and a 1-year high of $4.22.

About Plutus Financial Group

Plutus Financial Group, Inc is a diversified holding company focused on mortgage finance and credit services in the United States. Through its primary subsidiary, Plutus Financial, Inc, the company originates, underwrites and services residential and commercial mortgage loans. Since its incorporation in the early 1980s and subsequent listing on the NASDAQ, Plutus Financial Group has built its reputation on providing tailored financing solutions to homebuyers, real estate investors and developers.

The company’s product offerings include conventional mortgage loans, FHA and VA‐insured programs, jumbo and non‐conforming loans, construction financing and home equity lines of credit.