Plutus Financial Group Limited (NASDAQ:PLUT) Short Interest Up 96.2% in September

Key Points

• Plutus Financial Group Limited experienced a significant increase in short interest of 96.2%, bringing the total to 25,700 shares as of September 15th.
• The stock is currently trading down by 5.1%, with a current price of $3.57 and a 52-week range between $2.04 and $4.22.
• Analyst ratings show a prevailing "sell" consensus on the stock, with Weiss Ratings reiterating this position on September 27th.

Plutus Financial Group Limited (NASDAQ:PLUT - Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 25,700 shares, an increase 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 currently 0.6 days. Based on an average daily trading volume, of 43,100 shares, the days-to-cover ratio is currently 0.6 days.

Plutus Financial Group Trading Down 5.1%

Shares of Plutus Financial Group stock opened at $3.57 on Friday. Plutus Financial Group has a fifty-two week low of $2.04 and a fifty-two week high of $4.22. The stock has a 50 day moving average of $3.12 and a 200 day moving average of $2.75.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "sell (e)" rating on shares of Plutus Financial Group in a report on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

About Plutus Financial Group

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.

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