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

Plutus Financial Group Limited (NASDAQ:PLUTGet Free Report) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 7,475 shares, a growth of 742.7% from the January 15th total of 887 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 18,419 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 18,419 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on PLUT

Plutus Financial Group Price Performance

Shares of PLUT traded up $0.01 during midday trading on Tuesday, reaching $3.10. 2,889 shares of the stock were exchanged, compared to its average volume of 17,675. Plutus Financial Group has a 52 week low of $2.04 and a 52 week high of $4.20. The company’s 50 day moving average is $3.26 and its two-hundred day moving average is $3.30.

Plutus Financial Group Company Profile

(Get Free Report)

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.

Further Reading

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