Short Interest in SHF Holdings, Inc. (NASDAQ:SHFS) Declines By 65.0%

SHF Holdings, Inc. (NASDAQ:SHFS) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 9,900 shares, a decrease of 65.0% from the October 31st total of 28,300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 99,900 shares, the days-to-cover ratio is presently 0.1 days.

SHF Stock Up 1.9 %

Shares of SHFS traded up $0.01 during mid-day trading on Thursday, reaching $0.43. The company’s stock had a trading volume of 121,955 shares, compared to its average volume of 79,704. 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 12-month low of $0.30 and a 12-month high of $1.55. The stock has a market cap of $23.83 million, a PE ratio of 2.52 and a beta of 0.20. The company’s 50 day moving average is $0.45 and its 200 day 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.