Plutus Financial Group Limited (NASDAQ:PLUT) Short Interest Update

Plutus Financial Group Limited (NASDAQ:PLUT) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 7,475 shares, a growth of 742.7% from the January 15th total of 887 shares. Based on an average daily volume of 18,419 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 18,419 shares, the days-to-cover ratio is currently 0.4 days.

Plutus Financial Group Stock Performance

Plutus Financial Group stock remained flat at $3.10 during trading on Thursday. The company had a trading volume of 721 shares, compared to its average volume of 14,177. The firm’s 50-day moving average price is $3.26 and its 200 day moving average price is $3.30. Plutus Financial Group has a 52-week low of $2.04 and a 52-week high of $4.20.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Plutus Financial Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

About Plutus Financial Group

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.