Short Interest in SHF Holdings, Inc. (NASDAQ:SHFS) Decreases By 17.6%

SHF Holdings, Inc. (NASDAQ:SHFS) was the recipient of a significant decrease in short interest during 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 days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

SHF Trading Down 3.8 %

Shares of NASDAQ SHFS traded down $0.01 during midday trading on Thursday, hitting $0.38. The company’s stock had a trading volume of 110,882 shares, compared to its average volume of 515,968. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average is $0.40 and its two-hundred day moving average is $0.50. SHF has a 12-month low of $0.30 and a 12-month high of $1.41. The firm has a market cap of $21.16 million, a P/E ratio of 2.24 and a beta of 0.29.

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.