Short Interest in SHF Holdings, Inc. (NASDAQ:SHFSW) Drops By 60.9%

SHF Holdings, Inc. (NASDAQ:SHFSW) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,337 shares, a decline of 60.9% from the May 31st total of 3,417 shares. Based on an average daily volume of 14,355 shares, the short-interest ratio is presently 0.1 days.

SHF Stock Down 12.4%

SHFSW stock traded down $0.00 during midday trading on Monday, hitting $0.02. 3,690 shares of the stock traded hands, compared to its average volume of 8,655. SHF has a 1-year low of $0.02 and a 1-year high of $0.06. The stock’s fifty day simple moving average is $0.03 and its 200-day simple moving average is $0.03.

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.