SHF Holdings, Inc. (NASDAQ:SHFSW) Sees Large Decline in Short Interest

SHF Holdings, Inc. (NASDAQ:SHFSW) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,270 shares, a decline of 59.0% from the August 15th total of 10,418 shares. Based on an average daily volume of 26,337 shares, the short-interest ratio is presently 0.2 days.

SHF Stock Performance

Shares of NASDAQ:SHFSW opened at $0.01 on Friday. The business has a 50 day moving average price of $0.02 and a 200 day moving average price of $0.03. SHF has a twelve month low of $0.01 and a twelve month high of $0.06.

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. Its services allow cannabis related businesses to obtain services from financial institutions that allow them to run their business with enhanced financial insight into their business and access to resources.