Plutus Financial Group Limited (NASDAQ:PLUT – Get Free Report) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 3,321 shares, a decline of 21.3% from the February 12th total of 4,222 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,788 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 1,788 shares, the short-interest ratio is presently 1.9 days. Currently, 0.0% of the company’s stock are short sold.
Plutus Financial Group Stock Down 1.6%
Shares of NASDAQ:PLUT traded down $0.05 during trading on Tuesday, hitting $3.15. 108 shares of the company were exchanged, compared to its average volume of 9,702. The firm’s 50 day moving average price is $3.18 and its 200-day moving average price is $3.33. Plutus Financial Group has a 12-month low of $2.04 and a 12-month high of $4.19.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Plutus Financial Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus 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.
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