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

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

Plutus Financial Group Price Performance

Shares of PLUT stock traded up $0.16 during trading hours on Thursday, reaching $2.91. 51,241 shares of the company were exchanged, compared to its average volume of 8,981. Plutus Financial Group has a fifty-two week low of $1.88 and a fifty-two week high of $4.19. The stock’s fifty day moving average is $3.05 and its two-hundred day moving average is $3.23.

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