Plutus Financial Group Limited (NASDAQ:PLUT – Get Free Report) was the target of a significant decline in short interest during the month of 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 trading volume, of 1,011 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the company’s stock are short sold.
Plutus Financial Group Stock Performance
Shares of PLUT traded down $0.17 during trading hours on Tuesday, hitting $2.54. 100 shares of the company were exchanged, compared to its average volume of 705. Plutus Financial Group has a fifty-two week low of $1.88 and a fifty-two week high of $4.19. The firm’s fifty day moving average is $2.89 and its 200 day moving average is $3.02.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Plutus Financial Group in a report on Friday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Plutus Financial Group currently 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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