Short Interest in Plutus Financial Group Limited (NASDAQ:PLUT) Drops By 21.3%

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

Plutus Financial Group Stock Down 1.8%

Shares of NASDAQ PLUT traded down $0.06 during mid-day trading on Tuesday, hitting $3.27. 3,655 shares of the company’s stock traded hands, compared to its average volume of 53,089. Plutus Financial Group has a 1 year low of $2.04 and a 1 year high of $4.22. The company’s 50-day moving average is $3.48 and its two-hundred day moving average is $3.18.

Wall Street Analysts Forecast Growth

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

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.