A Guide To The Risks Of Investing In SHF Holdings Inc. (SHFS)


SHF Holdings Inc.’s recent filing unveils that its Chief Legal Officer Emmi Donald acquired Company’s shares for reported $22382.0 on Jun 09. In the deal valued at $0.59 per share,38,000 shares were bought. As a result of this transaction, Emmi Donald now holds 295,697 shares worth roughly $ 0.13 million.

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Then, Darwin John bought 25,000 shares, generating $14,750 in total proceeds. Upon buying the shares at $0.59, the Director now owns 1,865,566 shares.

Before that, Summers Jonathan bought 8,000 shares. SHF Holdings Inc. shares valued at $4,800 were divested by the Director at a price of $0.60 per share. As a result of the transaction, Summers Jonathan now holds 113,128 shares, worth roughly $48645.04.

Price Performance Review of SHFS

On Friday, SHF Holdings Inc. [NASDAQ:SHFS] saw its stock jump 3.61% to $0.43. On the same session, the stock had its day’s lowest price of $0.42, but rose to a high of $0.44. Over the last five days, the stock has gained 16.03%. SHF Holdings Inc. shares have fallen nearly -75.77% since the year began. Nevertheless, the stocks have fallen -95.78% over the past one year. While a 52-week high of $13.60 was reached on 01/05/23, a 52-week low of $0.33 was recorded on 08/30/23. SMA at 50 days reached $0.4916, while 200 days put it at $1.0202. A total of 70331.0 shares were traded, compared to the trading of 0.16 million shares in the previous session.

Levels Of Support And Resistance For SHFS Stock

The 24-hour chart illustrates a support level at 0.4200, which if violated will result in even more drops to 0.4100. On the upside, there is a resistance level at 0.4400. A further resistance level may holdings at 0.4500. The Relative Strength Index (RSI) on the 14-day chart is 46.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0097, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.87%. Stochastics %K at 45.22% indicates the stock is a holding.

How much short interest is there in SHF Holdings Inc.?

A steep rise in short interest was recorded in SHF Holdings Inc. stocks on Aug 14, 2023, dropping by 61980.0 shares to a total of 0.18 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.24 million shares. There was a decline of -34.42%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.88% of the overall stock float, the days-to-cover ratio (short ratio) fell to 5.36.

SHF Holdings Inc. [SHFS] – Who Are The Largest Shareholders?

In filings from M3F, Inc., it is revealed that the company now owns 4,399,420 shares, or roughly 9.52% of the outstanding SHFS shares. Additionally, Sabby Management LLC increased 8.49% of its stake after which the total value it holdings stand at $693,266. At present, Charles Schwab Investment Managem is holding 113,466 shares valued at $62293.0. Renaissance Technologies LLC owned 100,700 shares of the company at the time of its most recent 13F filing, worth $55284.0.

According to FactSet, SHF Holdings Inc.’s share price will average $1.50 in the next year, based on opinions of analysts polled by the firm. This is up nearly 265.85 percent from its previous closing price of $0.41. Analysts expect SHF Holdings Inc. stock to reach the higher price of $1.50, while the lowest price estimate is $1.50. However, 1 analyst have rated SHFS stock as a Buy in their predictions for 2023.


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