Plutus Financial Group Limited (NASDAQ:PLUT) Sees Significant Decrease in Short Interest

Plutus Financial Group Limited (NASDAQ:PLUTGet Free Report) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 3,321 shares, a drop of 21.3% from the February 12th total of 4,222 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,788 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 1,788 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.0% of the company’s stock are sold short.

Plutus Financial Group Stock Down 1.1%

Shares of PLUT stock traded down $0.04 during mid-day trading on Friday, reaching $3.17. The stock had a trading volume of 1,666 shares, compared to its average volume of 2,062. The business’s fifty day moving average is $3.18 and its 200-day moving average is $3.33. Plutus Financial Group has a 1-year low of $2.04 and a 1-year high of $4.19.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat.com, Plutus Financial Group has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on PLUT

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.

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