SHF Holdings, Inc. (NASDAQ:SHFSW – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,022 shares, a drop of 70.5% from the September 15th total of 3,468 shares. Based on an average trading volume of 214,050 shares, the days-to-cover ratio is presently 0.0 days.
SHF Price Performance
SHF stock remained flat at $0.01 during midday trading on Monday. SHF has a 1 year low of $0.01 and a 1 year high of $0.06. The stock has a 50 day moving average price of $0.02 and a 200 day moving average price of $0.02.
SHF Company Profile
Shineco, Inc is a China-based company focused on the production and distribution of plant-based products. Through its subsidiaries, the company has operated across several business areas, including herbal products, agricultural products and textile-related products.
Its herbal-products activities are associated with traditional Chinese medicine and other plant-derived goods. The company’s agricultural operations have included the cultivation and distribution of agricultural produce, while its textile activities have focused on plant-based and natural-fiber materials.
Shineco serves customers primarily in China and has historically conducted its operations through a network of domestic subsidiaries.
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