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

Plutus Financial Group Limited (NASDAQ:PLUT) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 887 shares, a drop of 68.5% from the December 31st total of 2,814 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,829 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 14,829 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued 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, According to MarketBeat.com, Plutus Financial Group has an average rating of “Sell”.

Plutus Financial Group Price Performance

Shares of NASDAQ:PLUT traded down $0.04 during midday trading on Friday, reaching $3.10. The company had a trading volume of 9,444 shares, compared to its average volume of 16,486. The company’s 50 day moving average price is $3.31 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 $4.22.

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.