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

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

Analysts Set New Price Targets

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

Plutus Financial Group Trading Down 1.8%

Shares of NASDAQ:PLUT traded down $0.06 during midday trading on Tuesday, hitting $3.27. The company had a trading volume of 3,655 shares, compared to its average volume of 53,089. Plutus Financial Group has a 12-month low of $2.04 and a 12-month high of $4.22. The company has a fifty day moving average of $3.48 and a two-hundred day moving average of $3.18.

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.