SHF Holdings, Inc. (NASDAQ:SHFS – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 7,200 shares, a drop of 68.6% from the August 31st total of 22,900 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 51,900 shares, the days-to-cover ratio is presently 0.1 days.
SHF Stock Down 0.0 %
Shares of SHFS traded down $0.00 during midday trading on Wednesday, reaching $0.53. 74,883 shares of the stock were exchanged, compared to its average volume of 68,873. The company has a market capitalization of $29.37 million, a P/E ratio of -1.89 and a beta of 0.17. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.25. SHF has a 52 week low of $0.51 and a 52 week high of $1.55. The company’s 50 day moving average is $0.61 and its two-hundred day moving average is $0.69.
SHF (NASDAQ:SHFS – Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. SHF had a net margin of 27.99% and a return on equity of 7.94%. The company had revenue of $4.04 million for the quarter.
Institutional Investors Weigh In On SHF
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.
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