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

SHF Holdings, Inc. (NASDAQ:SHFS) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 68,200 shares, a decrease of 17.6% from the December 15th total of 82,800 shares. Based on an average daily trading volume, of 204,200 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

SHF Price Performance

Shares of SHF stock traded up $0.01 during trading on Friday, hitting $0.39. 119,441 shares of the company’s stock traded hands, compared to its average volume of 326,075. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $21.54 million, a PE ratio of 2.28 and a beta of 0.29. SHF has a twelve month low of $0.30 and a twelve month high of $1.41. The firm’s fifty day moving average price is $0.40 and its 200 day moving average price is $0.50.

About SHF

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.