Plutus Financial Group Limited (NASDAQ:PLUT) Short Interest Update

Plutus Financial Group Limited (NASDAQ:PLUT) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 2,814 shares, a growth of 78.9% from the December 15th total of 1,573 shares. Based on an average daily volume of 9,301 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 9,301 shares, the short-interest ratio is presently 0.3 days.

Plutus Financial Group Price Performance

NASDAQ PLUT traded down $0.08 on Friday, hitting $3.20. The stock had a trading volume of 6,932 shares, compared to its average volume of 9,561. The business’s fifty day moving average price is $3.38 and its 200 day moving average price is $3.26. Plutus Financial Group has a 52-week low of $2.04 and a 52-week high of $4.22.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Plutus Financial Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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.