Plutus Financial Group Limited (NASDAQ:PLUT) Sees Large Increase in Short Interest

Plutus Financial Group Limited (NASDAQ:PLUT) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 25,700 shares, a growth of 96.2% from the August 31st total of 13,100 shares. Based on an average daily trading volume, of 43,100 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 43,100 shares, the days-to-cover ratio is presently 0.6 days.

Plutus Financial Group Stock Up 0.6%

Shares of Plutus Financial Group stock opened at $3.59 on Tuesday. Plutus Financial Group has a one year low of $2.04 and a one year high of $4.22. The stock’s fifty day moving average is $3.14 and its 200 day moving average is $2.75.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Plutus Financial Group in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Plutus Financial Group Company Profile

The Mission of Plutus Group “Integrity, Persistence, Professionalism, Innovation and Vitality” are the five core values of Plutus Group. The Company takes “Integrity” as the foundation of our business, “Persistence” as everything customer-oriented, and it provide customers with “Professional” products and quality services.