SHF Holdings, Inc. (NASDAQ:SHFS) Sees Large Decrease in Short Interest

SHF Holdings, Inc. (NASDAQ:SHFS) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 9,900 shares, a drop of 65.0% from the October 31st total of 28,300 shares. Based on an average daily volume of 99,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

SHF Stock Performance

Shares of SHFS traded up $0.02 during trading hours on Wednesday, reaching $0.44. 97,873 shares of the company’s stock traded hands, compared to its average volume of 79,592. The firm has a market capitalization of $24.49 million, a price-to-earnings ratio of 2.47 and a beta of 0.20. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.83. SHF has a twelve month low of $0.30 and a twelve month high of $1.55. The business’s fifty day simple moving average is $0.45 and its two-hundred day simple moving average is $0.57.

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.