Plutus Financial Group Limited (NASDAQ:PLUT) Short Interest Up 452.9% in April

Plutus Financial Group Limited (NASDAQ:PLUT) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,555 shares, an increase of 452.9% from the April 15th total of 643 shares. Based on an average trading volume of 5,608 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are short sold.

Plutus Financial Group Stock Up 5.8%

Shares of PLUT opened at $2.91 on Friday. The stock has a 50-day moving average of $3.04 and a two-hundred day moving average of $3.23. Plutus Financial Group has a one year low of $1.88 and a one year high of $4.19.

Plutus Financial Group (NASDAQ:PLUT) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.10) EPS for the quarter. The business had revenue of $0.38 million during the quarter.

Plutus Financial Group Company Profile

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.