SHFS Shares Experience Surge in Value


The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SHF Holdings Inc. shares valued at $19,250 were purchased by Niehaus Jonathon on May 24. At $0.39 per share, Niehaus Jonathon acquired 50,000 shares. The insider’s holdings grew to 149,359 shares worth approximately $68705.14 following the completion of this transaction.

25-cent Stock Takes $11T Commodities Sector Digital

One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.

All the details are in the FREE online report you can get here.


Also, Fagan Doug purchased 25,000 shares, netting a total of over 9,998 in proceeds. Following the buying of shares at $0.40 each, the insider now holds 45,000 shares.

Before that, Darwin John had added 15,000 shares to its account. In a trade valued at $6,000, the Director bought SHF Holdings Inc. shares for $0.40 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $0.84 million.

Analyzing SHFS Stock Performance

On Thursday, SHF Holdings Inc. [NASDAQ: SHFS] rose 19.48% to $0.46. The stock’s lowest price that day was $0.4011, but it reached a high of $0.4776 in the same session. During the last five days, there has been a surge of approximately 19.64%. Over the course of the year, SHF Holdings Inc. shares have dropped approximately -74.08%. Shares of the company reached a 52-week high of $1.8400 on 01/05/23 and a 52-week low of $0.3300 on 05/19/23. A 50-day SMA is recorded $0.4922, while a 200-day SMA reached $3.2997. Nevertheless, trading volume fell to 1.42 million shares from 0.5 million shares the previous day.

Support And Resistance Levels for SHF Holdings Inc. (SHFS)

According to the 24-hour chart, there is a support level at 0.4149, which, if violated, would cause prices to drop to 0.3697. In the upper region, resistance lies at 0.4914. The next price resistance is at 0.5227. RSI (Relative Strength Index) is 49.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0147, which suggests the price will decrease in the coming days. Percent R is at 57.67%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is SHF Holdings Inc. subject to short interest?

Stocks of SHF Holdings Inc. saw a sharp rise in short interest on Apr 27, 2023 jumping by 0.16 million shares to 0.4 million. Data from Yahoo Finance shows that the short interest on Mar 30, 2023 was 0.24 million shares. A jump of 40.77% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.2 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.2.

Which companies own the most shares of SHF Holdings Inc. (SHFS)?

According to Sabby Management LLC filings, the company currently owns 2,400,000 shares, which is about 5.84% of the total SHFS shares outstanding. The investor’s shares have appreciated by 1,236,086 from its previous 13-F filing of 1163914.0 shares. In its current portfolio, B. Riley Wealth Advisors, Inc. holds 32,862 shares valued at $18731.0.

In terms of SHF Holdings Inc. share price expectations, FactSet research, analysts set an average price target of $1.50 in the next 12 months, up nearly 294.74% from the previous closing price of $0.38. Analysts anticipate SHF Holdings Inc. stock to reach $1.50 by 2023, with the lowest price target being $1.50. In spite of this, 1 analysts ranked SHF Holdings Inc. stock as a Buy at the end of 2023.


Please enter your comment!
Please enter your name here