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

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

SHF Stock Performance

SHF stock traded down $0.01 during trading hours on Thursday, hitting $0.38. 110,882 shares of the stock traded hands, compared to its average volume of 515,968. 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 1 year low of $0.30 and a 1 year high of $1.41. The stock has a market capitalization of $21.16 million, a price-to-earnings ratio of 2.24 and a beta of 0.29. The firm’s 50 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.