SHF Holdings, Inc. (NASDAQ:SHFS – Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 58,800 shares, a growth of 20.5% from the June 30th total of 48,800 shares. Based on an average daily volume of 60,300 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the company’s stock are short sold.
SHF Stock Up 4.9 %
Shares of SHFS traded up $0.03 during mid-day trading on Friday, reaching $0.67. The company’s stock had a trading volume of 51,679 shares, compared to its average volume of 57,085. The business has a fifty day moving average of $0.64 and a 200 day moving average of $0.83. The company has a market cap of $37.08 million, a price-to-earnings ratio of -2.39 and a beta of 0.16. SHF has a 1 year low of $0.33 and a 1 year high of $1.55. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.28.
SHF (NASDAQ:SHFS – Get Free Report) last announced its quarterly earnings data on Monday, May 13th. The company reported $0.04 earnings per share (EPS) for the quarter. SHF had a negative return on equity of 50.38% and a negative net margin of 79.25%. The business had revenue of $4.05 million during the quarter.
Institutional Trading of SHF
SHF Company Profile
SHF Holdings, Inc, through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments.
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