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

Plutus Financial Group Limited (NASDAQ:PLUT) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 959 shares, a decline of 39.1% from the July 15th total of 1,574 shares. Based on an average daily volume of 1,011 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are short sold.

Plutus Financial Group Stock Down 5.7%

Shares of PLUT stock opened at $2.57 on Wednesday. Plutus Financial Group has a fifty-two week low of $1.88 and a fifty-two week high of $4.19. The stock’s 50-day moving average is $2.88 and its two-hundred day moving average is $3.02.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Plutus Financial Group in a research report on Friday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Plutus Financial Group has a consensus rating of “Sell”.

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.