SHF Holdings, Inc. (NASDAQ:SHFS) Short Interest Up 743.4% in November

SHF Holdings, Inc. (NASDAQ:SHFS) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 83,500 shares, a growth of 743.4% from the November 15th total of 9,900 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 108,800 shares, the short-interest ratio is presently 0.8 days.

SHF Stock Performance

Shares of NASDAQ:SHFS traded down $0.03 during midday trading on Wednesday, reaching $0.37. The company had a trading volume of 281,345 shares, compared to its average volume of 81,229. SHF has a 52-week low of $0.30 and a 52-week high of $1.55. The company’s 50 day moving average price is $0.42 and its 200 day moving average price is $0.54. 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 stock has a market cap of $20.65 million, a P/E ratio of 2.35 and a beta of 0.30.

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.